| The paper analyzs the prevailing water price management institution in China and demonstrates necessity of reforming water price, particularly the influence of water price reform on national economic development from angle of macro-economy. It also conducts the analysis and prediction of possible outcome brought about by water price reform with economic approach.The paper conducts comparison study of water resources management of typical countries focusing on water price system. The paper summarizes the experience and ideas, which water price reform in China may take for reference. Basing on current water resource situation and urgency of water price reform, the paper has a historical review of water price system and policy,points out the existing issues of current water price and proposes corresponding measures. And prescribes the trend of water price theory development in future . then The integration of water price, water right and water market co-related to each other is discussed. The South-to~North Water Transfer Project is a large-size trans-basin strategic water infrastructure aiming for improvement of natural environment, supporting sustainable water development and a project related to sustainable development of economy and society, eco-environment protection and survival of offspring in the 21st century or even longer. Therefore, the paper conducts specially case of water price formulation of the Project to illustrate the necessity of water price reform and philosophy of solving the issues. |