596 open access journals from 2001 to 2005 in nine subject areas were statistically analyzed using Mean Impact Factor, Mean Immediacy Index, Mean Impact Factor Percentile Rank and Mean Immediacy Index Percentile Rank. Results show that the quality of open access journals was a little higher than the mean level on the whole,but on specific subjects there were greater differences. Secondly, the quality of open access journals was steadily increasing, and open access journals have been gradually accepted by the scientific researchers and have become an important tool for academic exchanges.