5.3 Water Trade
127
ticket trading, and anecdotal evidence suggests that water tickets are sold between
neighbors to adjust for where one has over-ordered.
Another more market-oriented water trade practice has been developed in the
Shiyang River Basin, Gansu Province. An exchange-based online water-trading platform was developed in an irrigation district in the basin and includes the functions
of water accounting, trading application, application approval or rejection, pooled
exchange, tracking the payment and updated water account, and publishing historical
trading information. Between 2008 and 2014, the platform reached 349 trades with
a total volume of more than 29 million m
3 between farmers.
5.4 Summary
This chapter has analyzed the water resources allocation and regulation framework
and implementation progress in China, including the case study of the Huai River
water resource allocation. The chapter concludes with an examination of water
trading, which is a reallocation of water resources.
Based on China’s administrative management system and river basin management
arrangements, water resource allocation and regulation in China can be divided into
three aspects: spatially, water resources allocation and regulation includes the river
basin, province, prefecture, county, permit, and individual user levels; temporally,
it consists of the annual average and annual/seasonal frameworks; and in terms of
definition, it is managed according to abstraction, consumption, and use. In contrast
with other countries, China assumes a complicated system for water control due to its
vast land area, diverse water resource circumstances and centralized administrative
system. The complex nature of China’s system demands rigorous management techniques and structures. Under this framework, water trades are explored by applying
several market mechanisms.
References
Jiang, M. (2018). Towards tradable water rights: Water law and policy reform in China. Springer.
Martin, C., & Shen, D. (2009). Urban water management in China. International Journal of Water
Resources Development, 25(2), 249–268.
Shen, D. (2007). Theory and application of water resources allocation. Beijing: China Water and
Power Publisher.
Shen, D. (2009). Water resources allocation in People’s Republic of China. International Journal
of Water Resources Development, 25(2), 209–225.
Shen, D., & Sun, X. (2010). Water resources allocation and regulation: China’s practices and
Australian experiences. Beijing: China Water and Power Publisher
Shen, D., et al. (2020). Water use control system in China. International Journal of Water Resources
Development, 36(4), 590–609.
127
ticket trading, and anecdotal evidence suggests that water tickets are sold between
neighbors to adjust for where one has over-ordered.
Another more market-oriented water trade practice has been developed in the
Shiyang River Basin, Gansu Province. An exchange-based online water-trading platform was developed in an irrigation district in the basin and includes the functions
of water accounting, trading application, application approval or rejection, pooled
exchange, tracking the payment and updated water account, and publishing historical
trading information. Between 2008 and 2014, the platform reached 349 trades with
a total volume of more than 29 million m
3 between farmers.
5.4 Summary
This chapter has analyzed the water resources allocation and regulation framework
and implementation progress in China, including the case study of the Huai River
water resource allocation. The chapter concludes with an examination of water
trading, which is a reallocation of water resources.
Based on China’s administrative management system and river basin management
arrangements, water resource allocation and regulation in China can be divided into
three aspects: spatially, water resources allocation and regulation includes the river
basin, province, prefecture, county, permit, and individual user levels; temporally,
it consists of the annual average and annual/seasonal frameworks; and in terms of
definition, it is managed according to abstraction, consumption, and use. In contrast
with other countries, China assumes a complicated system for water control due to its
vast land area, diverse water resource circumstances and centralized administrative
system. The complex nature of China’s system demands rigorous management techniques and structures. Under this framework, water trades are explored by applying
several market mechanisms.
References
Jiang, M. (2018). Towards tradable water rights: Water law and policy reform in China. Springer.
Martin, C., & Shen, D. (2009). Urban water management in China. International Journal of Water
Resources Development, 25(2), 249–268.
Shen, D. (2007). Theory and application of water resources allocation. Beijing: China Water and
Power Publisher.
Shen, D. (2009). Water resources allocation in People’s Republic of China. International Journal
of Water Resources Development, 25(2), 209–225.
Shen, D., & Sun, X. (2010). Water resources allocation and regulation: China’s practices and
Australian experiences. Beijing: China Water and Power Publisher
Shen, D., et al. (2020). Water use control system in China. International Journal of Water Resources
Development, 36(4), 590–609.