trade assurance water treatment in china

trade assurance water treatment in china
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  • Can China improve water rights and trading systems?
  • The basic elements of a water rights system are identified. The third-party impacts of water trading are not well considered in China. Suggestions for improving China’s water rights and trading systems are proposed.
  • When will China start a water-use rights trading market?
  • In 2021, the Outline of the Fourteenth Five-Year Plan explicitly proposed the development of water rights trading. In 2025, the Chinese government issued the “Guiding Opinions on Promoting the Reform of Water Rights”, proposing the initial establishment of a national unified water-use rights trading market by 2025 [ 16 ].
  • Can water rights be traded in China?
  • In China, water rights, water-abstraction permits, and allocated water are allowed to be traded among regions, water use sectors and individual users. Stakeholders can trade their water rights permanently or for an appointed duration, over which the trading contract is applicable.
  • What are the third-party impacts of water trading in China?
  • The third-party impacts of water trading are not fully recognized in China’s water market. For example, in the Yellow River Basin, the water trading was conducted between agricultural users and industrial users through channel lining and water saving in the irrigation districts.