Research on Water Management Institution Comparison between the Yellow River Basin and Murray-Darling Basin in Australia

Aimed at the water management comparison, the water general situations in the Yellow River Basin (YRB) and the Australian Murray-Darling Basin (M-DB) are introduced in the paper, the similarities between these two Basins are analyzed, the differences are mainly discussed. Based the analysis, the problems in Chinese water management institution are pointed out, such as the unclear original water right, the low water price and the deficient management institution. In the end, referred the successful experience of water management reforms in the M-DB, combined with Chinese specific circumstances, some suggestions and measurements are given out with the purpose to promote the healthy and sustainable development of water resources in the YRB.