Qingdao went one player down eight minutes after the break as Yin Yaji collected his second yellow card.
When winning his fourth trophy, the game against the Spaniards delivered convincing arguments to back his demand for new signings to make his squad strong enough to defend as many of the trophies as possible.
The match featured several Chinese national team players, including Jiangsu's Zhang Changning and Tianjin's Li Yingying.
Peng Xinli broke the deadlock in the 37th minute as the midfielder burst into the box and prodded into the net from close range.
Leo Messi will also be in the spotlight after a summer in which he asked to leave the Camp Nou, while the pressure will also be ramped up on Antoine Griezmann and Philippe Coutinho, who has returned following his loan to Bayern Munich.
"We gave up our own advantage in tactics, only to let Jiangsu play its way comfortably," said Shanghai head coach Wang Zhiteng.
Real Madrid kept pressing, but Real Sociedad always gave the sensation of danger on the break with winger Ander Barrenetxea a precocious talent on the left.
Cheruiyot, the world 1,500m champion, will race over 800m. The 24-year-old has a personal best of 1:43.11 in the event from August 2019 during the Kenyan national championships in Nairobi.
The visitors caught a bright start to the second half though as Robin Quaison's perfectly timed through ball allowed Jean-Philippe Mateta to halve the deficit against the run of the game in the 48th minute.
A month has passed since then and the game will be a good test of Liverpool's ability to defend their title after beating Chelsea a week ago and also of how much Arsenal have improved under Mikel Arteta. Enditem
Ferreira, who replaced former Real Madrid midfielder Lucas Silva just after the hour mark, struck in the 92nd minute with a glancing header after an Alisson de Freitas corner.