Keeping city's international status, and integration with mainland on agenda Maintaining and strengthening Hong Kong's high international status while integrating with the mainland to avoid being marginalised within China is one of the key challenges to be addressed by business, academic and community leaders at a summit on Monday. Papers prepared for the 33 participants at the Hong Kong meeting to discuss the city's role in China's 11th five-year plan also single out the financial services industry as the most important for Hong Kong in the future. 'Hong Kong's international role is an important bridge between the mainland and other countries,' a Hong Kong government source said. 'We need to enhance the city's international role to avoid being marginalised.' He also said that the integration of Hong Kong and the mainland would not undermine Hong Kong's status as a cosmopolitan city. During the one-day summit, two mainland experts, Xu Lin , deputy director-general of the development of fiscal and financial affairs under the National Development and Reform Commission, and Chen Shanru , director of the Guangdong Development and Reform Commission, will give presentations on the plan. Ten sets of papers comprising more than 150 pages have been delivered to the panelists to prepare them for discussion. The papers outline Hong Kong's opportunities and challenges in various parts of the plan, including finance, trade, business, service industries, logistics and infrastructure development. Picking out the financial services industry as the most important, the papers say expanding and reforming of such services on the mainland during the 11th five-year plan will provide a broader scope for Hong Kong. The city has to give full play to its financing role for the mainland at international level, local level and also in respect of the gradual internationalisation of the yuan, and enhance its role on investment and risk management, the papers say. The government source said: 'The development gap between Hong Kong and the mainland will be minimised if the national plan is implemented successfully, and the development of Hong Kong will be affected.' Meanwhile, the key overall strategies for Hong Kong in response to the 11th five-year plan are being outlined and include: Enhancing the international character of the city and also sharpening its international competitive edge; Strengthening the communication, co-operation and integration of Hong Kong with the mainland, particularly with the Pear River Delta; Strengthening the training and pooling of talent; Enhancing environmental protection to reinforce Hong Kong's position as a cosmopolitan city in Asia; Strengthening 'Hong Kong' as a unique brand. The government source said the summit was not a talking shop as action plans would be drawn up by focus groups in detailed discussions afterwards.