Thanks Mr James for your response.
I have a few further clarifications to seek about this.
1)To enable me to plan it right, can you pls tell the approx time for the immigration and other formalities to be completed and reach the bus stand.
2) approx journey time to Hongqiao.
3) are there more than 1 terminal at Hongqiao and if yes, which terminal should I be getting off to catch my CEA flight to Qingdao. and finally
4) How much would a taxi cost to reach Hongqiao air port?

Thanks & Regards