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The open door policy was a statement of principles initiated by the united states in 1899 and 1900 It called for protection of equal privileges for all countries trading with china and for the support of chinese territorial and administrative integrity. The open door policy (chinese 門戶開放政策) was the united states diplomatic policy established in the late 19th and early 20th century that called for a system of equal trade and investment and to guarantee the territorial integrity of qing china.
The open door policy toward china was a diplomatic initiative articulated by u.s Secretary of state john hay in the late 1890s, aimed at promoting free trade and preventing any single power from monopolizing trade in china. The open door policy was a largely ineffective policy proposed by the united states at the turn of the 20th century to keep china equally open to trade with all countries, preventing any one power from gaining total control. Without adequate funds the chinese government would be unable to function effectively and would lose administrative control of its provinces
The open door policy was introduced by the united states in the late 19th and early 20th centuries, aiming to ensure that all nations had equal trading rights in china while maintaining china’s territorial integrity to avoid its division into colonies. It serves to reaffirm the principles of the open door policy Specifically, it affirms china’s sovereignty, independence, and territorial integrity and gives all nations the right to do business with it on equal terms. Open door policy, statement of principles initiated by the united states in 1899 and 1900 for the protection of equal privileges among countries trading with china and in support of chinese territorial and administrative integrity.
As a first step, four special economic zones were authorised in southern china with tax incentives to attract foreign capital and businesses, much of which came from overseas chinese in places.
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