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Abstract
Promoting water rights trading is conducive to optimal allocation of water resources through market mechanisms, and provides an important means to improve water-use efficiency and the benefits from water use. This study explores the background against which water rights trading in China came into being, and sheds a light on the current status of water rights trading in China, which covers topics such as China Water Exchange, the progress of work related to water rights determination and trading in pilot provinces (autonomous regions), and China’s efforts to build a water rights system. Furthermore, it identifies a number of problems pertaining to the subjects and objects of water rights trading, and China’s efforts in building a network of trading platforms, as well as a water rights system. On that basis, it puts forward countermeasures to address the detected problems, in an effort to facilitate water rights trading.
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Details
1 Postgraduate at Accounting School, Capital University of Economics and Business, Beijing, China
2 Professor and Ph.D. Tutor at Accounting School, Capital University of Economics and Business, Beijing, China