Overall Requirements - The document emphasizes the need to implement the water rights trading system in the Yellow River Basin, aligning with the directives from the 20th National Congress and the thoughts of Xi Jinping on water management [2][3] - The goal is to establish a clear, effective, and regulated water rights trading system within 2-3 years to support ecological protection and high-quality development in the Yellow River Basin [2] Initial Water Rights Allocation System - The document outlines the need to clarify regional water rights based on approved water allocation plans and establish a dynamic ledger for initial water rights allocation [3][4] - It stresses the importance of strictly defining water rights for water users and exploring paid transfer of water rights in areas with severe water shortages [3][4] Promoting Inter-Provincial Water Rights Trading - Encouragement for inter-provincial water rights trading is highlighted, allowing for efficient water resource transfer within the Yellow River Basin [5][6] - The document specifies that water rights trading should be conducted with ecological impact assessments and proper approvals from relevant authorities [5][6] Establishing a Water Rights Trading Platform - The establishment of a national water rights trading platform is emphasized, aiming for a transparent and fair trading mechanism [8] - The document calls for the integration of various trading systems to facilitate efficient water rights transactions [8] Enhancing Water Resource Monitoring System - The need for a robust water resource monitoring system is outlined, including the installation of measurement facilities at water extraction points [9] - The document stresses the importance of data sharing between different water management platforms to enhance regulatory effectiveness [9] Strengthening Market Regulation for Water Rights Trading - The implementation of a negative list management system for water rights trading is proposed to prevent misuse and ensure compliance with regulations [11][12] - Regular monitoring and evaluation of water rights trading activities are emphasized to maintain market integrity [11][12] Organizational Support for Water Rights Trading - The document highlights the importance of strong organizational leadership and collaboration among various water management authorities to facilitate water rights trading [13][14] - It calls for increased public awareness and information dissemination regarding water rights trading to encourage participation [14]

Core Viewpoint - The Ministry of Water Resources has issued guidelines to explore and standardize the promotion of inter-provincial water rights trading in the Yellow River Basin, aiming to enhance water resource management and allocation efficiency [1] Group 1: Water Rights Allocation - The initial allocation system for water rights will be improved, with a focus on clarifying regional water rights and strictly defining the water rights of water users [1] - The guidelines emphasize the need to clarify water rights for irrigation areas and public water supply networks [1] Group 2: Promotion of Inter-Provincial Water Rights Trading - The guidelines encourage inter-provincial water rights trading for surplus, reserved, or idle water resources within the annual water allocation plan [1] - Water users are supported in transferring saved water rights for compensation, and management units of water resource allocation projects can temporarily transfer unused water permits before full project effectiveness [1] - Innovative measures for inter-provincial water rights trading are to be developed [1] Group 3: Water Rights Trading Platform - A comprehensive water rights trading platform system will be established, enhancing the application of the national water rights trading system and promoting centralized trading [1] Group 4: Water Resource Monitoring - The construction of a water resource monitoring system will be accelerated, ensuring information sharing between water rights trading and water resource management [1] Group 5: Market Regulation - The guidelines call for the implementation of a negative list management system for water rights trading and strengthening daily supervision of water rights trading activities [1]