Get Around in Qingdao

By taxi
As of December 2010, the meter rate for normal taxis starts at ¥9 while the larger cabs start at ¥12, plus a ¥1 surcharge due to rising petrol prices. The meter is based on both distance traveled and time taken. If you take a taxi to or from the airport, and use the Qingyin expressway there will be a ¥10 rate added to whatever the meter price is.

During the summer months that are the peak tourist season, taxis may be hard to flag down. If ever you get one of the larger taxis, the drivers will usually be delighted to give you their business card, so that in the case of planned travel to somewhere like the airport or train station, you can avoid the hassle of trying to flag down a cab.

By metro
Qingdao is currently building their metro network, which started in 2009, and the first line, M3, which will run from the main train station (火車站 / huǒchē zhàn) is due for completion by 2014, with 22 stations on the east-west line passing by May 5th Square and terminating at the north rail station. The M2 line is set for start in 2012, and to be finished by 2016, and will run from the train station along Zhongshan Lu, Taidong Lu, etc... The M1 line will commence construction in 2014, and finish in 2020, with line running from the city to the airport and Chengyang. There are also 4 more lines in plan for the future, possibly connecting to Huangdao.

By bus
The bus and trolleybus network is quite well put together and useful once you figure out the routes. Buses 11, 26, 228, and 501 run from the railway station (Shinan Distict) along the coast via Donghai Xi Lu to all the beaches in the modern eastern part of town (Middle Hong Kong Road), where pubs and cafes are located. Many major routes have dedicated bus lanes, that can make taking the bus faster than taking a car during rush hour. Buses 316 and 231 will bring you to the center of the town from the newly renovated station. Regular buses cost ¥1 and the air conditioned ones are ¥2. If you get on a bus that goes really far (out to the suburbs) you need to tell the ticket person on the bus where you are going and it will cost up to ¥6.

By cycling
Very few locals in Qingdao cycle because it is illegal on streets and sidewalks. When renting a bike make sure that it is legal to ride your planned route. There are more than 40km of waterfront trails. If you really want a work out, try hiking Fushan or the TV Tower hills as there are some decent mountain bike trails.

Quoted from http://wikitravel.org/en/Qingdao