Chinese Premier Zhu Rongji said in Singapore on Tuesday that China welcomes foreign investment in China's service industry and infrastructure fields.

Zhu said the policy of opening to the outside world is a long- term basic policy of China.

He said China will provide foreign investors with investment opportunities in financing, insurance, telecommunications, tourism, retail business, foreign trade and law consultation.

He said China will further open its infrastructure fields in energy, transportation, telecommunications and environmental protection.

Zhu said China is making efforts to better serve foreign- invested companies, simplify the procedure of examining and approving foreign investment and raise work efficiency.

He said with the large-scale modernization construction, bigger market capacity and the further implementation of the open policy, China will bring unlimited prospects to both Chinese and foreign entrepreneurs. (Xinhua)