Notice of RetractionSustainable development and utilization of Water Resources: Case study of Zhejiang province

With rapid development of 30 years, complexity of system of regional economy and ecology has been growing in the Yangtze River Delta, where water shortage due to deterioration of water quality is quite serious. Especially that deterioration of drinking water quality, even drinking water crisis caused by blue algal bloom in the Taihu Lake due to eutrophication in the Wuxi city, Jiangsu province in May, 2007, has caused great losses, which has become an urgent problem to be solved. Under background of water-saving and circular economy, the research focuses eight major river basin systems of Zhejiang province using market mechanism to improve water utilizing efficiency, not only considering bodies of water right transactions but also effect of climate change.