SHANGHAI Mayor Yang Xiong met Ken Manget, vice president of Ontario Teachers' Pension Plan, on Tuesday and praised his organization for cooperation with Shanghai Airport Authority.

Yang said Shanghai is working hard to develop the China (Shanghai) Pilot Free Trade Zone and is carrying out institutional reform and innovation to facilitate investment and trade and further open up the financial sector.

Shanghai will increase investment in infrastructure and support the development of aviation industry to meet the growing demand for overseas travel, the mayor said.