For many foreign investors, China is still at the exotic end of their investment spectrum. However, China is opening up to new foreign capital across all sectors. To date, the focus has been on Beijing and Shanghai, but that is starting to move on to second-tier cities, such as Chengdu, Chongqing, Wuhan, Qingdao, Nanjing, Shenyang, Dalian, Tianjin and Hangzhou.