The reformation of water right regime is the key measurement to achieve success for management of basin ecology. The public participation and public reaction are the important factors to ensure and measure the effectiveness of water rights system reform. Based on analyzing the statistical data from 283 pieces of questionnaire, this paper discussed the public repercussions from the implementation of water rights regime reformation, the surplus level of their present water right allocation, the acceptance level of current water price, the satisfaction level of water rights regime reformation and the construction of water right trade and water market et al. It pointed out the exist problems in water right reform and put forward some suggestions, which can provide beneficial reference for the governance of Shiyang River basin in later stage. The result would provide helpful reference for the improvment of ecological environment and sustainable development of economic society in Shiyanghe River basin.