Legal Issues Of The Yellow River Basin Water Resources Management Research

What is after the petroleum crisis? Water crisis is unversially acknowledged. With the increase of world's population and the development of economy, our world is facing the serious shortage of water. The supply and demand for water is standing out. Water is the source of life,Water crisis has stirred up the world's economics and politics. The water problem has become prominent in the process of sustainable development. China is one of the countries seriously short of water, especially in its northwest and northeast. As the cradle of Chinese civilization, the Yellow River is suffering breaks in recent years, which is obviously the urgent problem in the development of China's economics.Since the foundation of the PRC, the Valley's management has not been so successful. There are a number of reasons accounting for this, among which the maladjustment of the Valley's managing system and the development of its society and economy is the main one.The paper makes a deep analysis into the managing system of water resource with the legal probe into the Yellow River Valley's management as its theme. After giving an introduction of the Yellow River Valley, the paper makes an investigation on the water shortage in the Valley, on the basis of which an analysis is made about the Valley's water resource management.The paper makes the following innovations:gainnning an insight into the legal problems concerning the Yellow River Valley's water resourece management, suggesting perfecting the legislation of the Valley's water resource management. the Valley's management requires a comprehensive mode. Its setting and function should fit the development and demands of market economy, according to which a complete water resource managing system should be organized with the Yellow River Valley Water Resource Managing Adminisration as its center. putting forward the establishment of ecological compensation mechanism in order to promote the water' resource's sustainable utilization. the water price of the Yellow River should be fixed by both governments and markets.