Research On The Mechanism Of Industrial Water Rights Trading

Industrial water rights trading mechanism can improve the efficiency of theallocation of water rights, force enterprises to improve the technical efficiency ofwater use, solve a series of problem, such as total lack of water resources and low ofindustrial water use efficiency which can constraint industrial development, it is thedirection of China’s industrial water mechanism innovation. Eighteen major reportsmade it clear that active water rights trading pilot, which clear the direction of china‘sindustrial water mechanism innovation. However, China’s existing water rightstrading mechanism confined between regions, between the industrial sector and theagricultural sector, water rights trading mechanism within the industrial department isstill empty, this shows that the policy guidance has been ahead of the theoreticalresearch, Industrial water rights trading mechanism is imminent.On the basis of relevant research, this paper Construct of industrial water rightinitial allocation, and to study how the companies choice to get the profit-maximizingin the Water rights Secondary market by verifying the necessity and feasibility of thetransaction of China’s industrial water rights, finally propose Safeguard Mechanism toensure industrial water rights trading mechanism well-functioning. study found that,based on China’s industrial water quota management system, Industrial water rightstrading scheme not only has the necessity, and very feasible. In the initial allocation ofwater rights, study found that, through the two levels of distribution, allocating theregional industrial water to various industries by AHP and fuzzy method firstly,solving the smooth transition from existing water to future water in the various sectorseffectively. Not only to ensure the industry’s current production of basic water, and letwater flow to water-efficient sectors, then through in order a sealed bid auction,distributing the water from industry to various enterprises. The way of allows marketforces to configure the water resources, enhance the market value of water resourcesgreatly. Study found in the industry secondary market trading of water rights, Enterprises will put the market price of water rights and water-saving technologyresearch and development funding as the two factors of production, makingindifference curve optimization, in order to pursue maximize profits in water rightstrading market. Finally, overegging the operation of water rights trading mechanismin legal-building, organizational-building and market–building.Research results cleared that the establishment of industrial water rights tradingmechanism in china is necessity and feasibility, proposed initial allocation ofindustrial water rights trading, cleared enterprises‘operation mechanism in thesecondary water rights trading market, make up for the lack of research in the field ofindustrial water rights trade. It has important practical significance for our country tocarry out industrial water rights trading system.