Ride-sharing operators and the taxi trade can coexist under a "balanced and sustainable" framework on regulating car-hailing services, Uber's boss in Hong Kong said on Wednesday.

Estyn Chung, Uber Hong Kong’s general manager, also said he's hopeful for further exchanges with the government and the taxi industry.

"We believe that a balanced and sustainable regulatory framework will allow taxis and ride-sharing to co-exist for the benefit of all Hongkongers, for Hongkongers to have more choice when it comes to point-to-point transportation," Chung said.

"We believe it's really important to protect the flexibility and earnings opportunity of drivers, and also to protect the safety and service quality for all Hongkongers."

Representatives from Uber attended an afternoon meeting with government officials to share their views on regulating ride-hailing platforms in the city.

Earlier, taxi industry representatives held talks with transport authorities before deciding to call off a planned strike to push for a crackdown on illegal ride-hailing services in the SAR.

The government is seeking to introduce a regulatory framework to the Legislative Council on ride-sharing platforms, with authorities stressing illegal services would not be tolerated.