The Treaty of Shimonoseki
-recognition of Korean independence;
-end of Korean tribute to China;
-a US$150 million indemnity to Korea from China;
-cession of Taiwan, the Penghu Islands, and the Liaodong Peninsula to Japan;
-and opening of Chang Jiang (Yangtze River) ports to Japanese trade.
-It also assured Japanese rights to engage in industrial enterprises in China.