The water rights transfer system is based on the rationale of institutional economics. 水权转让建立在制度经济学基础之上。
The exploration licensees, after fulfilling the specified minimum input to exploration and obtaining approval in accordance with law, may transfer the exploration right to another. 探矿权人在完成规定的最低勘查投入后,经依法批准,可以将探矿权转让他人。