Qingdao, also known as Tsingtao, is a city in the east of Shandong. It is a major seaport, naval base, industrial center (the Haier Corporation, a major electronics firm, is located here) and the site of the famous Tsingtao Brewery, founded in 1903 by the Germans. Qingdao is a former German colony and retains many well-preserved colonial buildings. In and around Qingdao there are many beaches which attract many Chinese tourists.