Objective
Market transaction of water rights is the specific initiatives to implement the decisions and deployments of the central and municipal governments, to firmly grasp the new spirit of the 20th Party Congress of China on promoting high-quality development with “Government-Market Synergy in Water Resources Management” and promote the new strategy of market transaction of water rights on "Fourteenth Five-Year Plan" in the Fifth Plenary Session of the Nineteenth Central Committee. As a mega-city with serious water shortage, Beijing must insist in taking water conservation as the fundamental way out, combining the urban water source background and demand, taking the public water supply network as the main water extraction method, analyzing and exploring the city's water right trading mode according to the key elements of "demand", "supply" and "good environment", and proposing the policy system of market-priced trading. Ultimately the research provide reference for the development of market-based water right trading in Beijing.