Abstract
Many discussions on water rights, water pricing or water market have been made on the WWW site associated with the Ministry of Water Resources (MWR) of China. Knowing the recent trends happening in China, authors consulted documents related to and clarified the current status of water usage in China. As a result, the authors found no legal definition of water rights in China. However, water resources charge, water charge and water intake license have been activated. On the other hand, the site allegedly trading water rights in Zhejinag Province, and Yiwu County have worried about a rapidly growing population and lack of water supply for a long time. At the same time, the authors found Yiwu County allowed contiguous Dongyang Couty to divert 50 million tons of water (right) out of the Hengjin Reservoir. This should be called’water lending, ’ rather than ’water trading, ’ and MWR has tried to set new regulations or laws to manage water lending, and is considering to impose a new tax system.
