The Hong Kong Federation of Youth Groups (HKFYG) and the All-China Youth Federation are to set up a three-year programme to stimulate exchange between young leaders on the mainland and in Hong Kong. The two groups signed a letter of intent to establish a Special Leadership Training Programme for Hong Kong and Mainland Young Entrepreneurs and Student Leaders last week. It is hoped that some 1,000 students from Form Five or above, and young entrepreneurs between the ages of 25 and 40, will benefit from the exchange project which will include corporate visits, internship and mentorship programmes. 'With China's entry into the WTO [World Trade Organisation] more youngsters are interested in the mainland and how its systems work, while those on the mainland value Hong Kong's experience in international trade and business,' said HKFYG executive director Rosanna Wong Yick-ming. 'We hope that in the long run, a network will be developed among the participants to provide a platform for further exchange.' Also planned is a forum which will bring together 2,000 young Chinese leaders from around the world to Beijing next year. Details of the exchange programme and the forum are being finalised. The first batch of participants, consisting of 50 local students and 50 young entrepreneurs, should set off by the end of the year, with the same number of mainland participants coming to Hong Kong, Ms Wong said.