There is no direct train from Hangzhou to Qingdao. You will need make a connection in Jinan. The direct bus from Hangzhou to Qingdao takes about 10-12 hours and the cost is CNY330 per ticket. You can also take flight. The full ticket is CNY900 per person, but you can usually get the discounted ticket of 50% off. The flight only takes 1.5 hours.