Shandong, whose squad is valued at nearly $100m, also feature former Southampton and Feyernood striker Graziano Pelle, who has 20 caps for Italy, and Brazilian international centre back Gil.
"They are a very good team," said Auckland City coach Ramon Tribulietx. "They have some Chinese internationals, Pelle is a top target man, the Brazilian at the back, [and] just signed Fellaini. They play a quite direct style, want to play forward early and their wingers provide a lot of crosses into the box. It will be a big challenge, against a fully professional side. [But] regardless of the results, we are going there to enjoy the experience".
The event also features J-League outfit Sagan Tosu, who have former Atletico Madrid, Liverpool and Spain striker Fernando Torres on their books, and a Hong Kong Invitational XI.
The tournament, which celebrates Chinese New Year, has been running for more than a century and previous competing teams include Sporting Lisbon, Sparta Prague, Aston Villa, Steaua Bucharest and New York Cosmos.
Auckland City lifted the trophy two years ago, with a shock win over then Korean champions FC Seoul, followed by a 1-0 win over local favourites Kitchee in the final.
"It was a good tournament, good level, and we managed to win it so what can you say," said Tribulietx.
"That's probably the main reason we have been re-invited; if you look at the clubs these people can manage to invite to a tournament like this ... if you are not good enough, you won't be re-invited."