We visit Qingdao about every other year since 2009 and more and more enjoy its Shinan District (Chinese: 市南; pinyin: shìnán "South City"). Shinan is located in coastal hilly terrain and is notable for its early 20th-century German architecture, unusual in Chinese cities.
The cache is a small cylindrical container which is located in small street between the first beach of Qingdao, where many locals go for a swim, and Zhongshan park. In this park, people participate everyday in all kinds of activities, such as dance, sing, music or they just enjoy the scenery. There is also a cable car going up to the TV tower from which you have great views over the city.
Small note on cache maintenance: A friend, dummersee, has created a GC.com account to monitor this cache.