Abstract: With the increasing scarcity of water resources, the transactions of transferable agricultural water rights based on the water market has become the main approach to solve the water crisis in Tarim river basin. For the purpose, based on the existing domestic and foreign researches on water rights trading and market, the paper firstly defines the market of transferable agricultural water rights and analyzes its characteristics, then analyzes the problems that the construction of the market of transferable agricultural water rights exists, and finally discusses the main contents of the construction of the market of transferable agricultural water rights. And this can be used as a reference for the future trade of the market of transferable agricultural water rights and its construction in Tarim river basin.

Key words: Tarim River Basin, Transferable Agricultural Water Right, Water Market