深海经济：引领海洋经济未来发展的新引擎，未来产业规模化与集群化发展加速

Investment Rating - The report indicates that the deep-sea economy is positioned as a strategic emerging industry and is expected to accelerate in scale and cluster development, driven by technological breakthroughs and policy support [2][19]. Core Insights - The deep-sea economy is transitioning from technological validation to commercialization, becoming a core area of strategic competition in emerging industries, with China gaining a local leading advantage in deep-sea equipment and resource exploration [2][6]. - The global deep-sea economy is characterized by a complex industrial chain that includes upstream resource exploration, midstream equipment manufacturing, and downstream application expansion, with a focus on balancing ecological protection and sustainable development [7][18]. - The report highlights the strategic importance of deep-sea resources, which are seen as a new battleground for global competition, with various countries enhancing their strategic frameworks and investments in deep-sea technologies [6][11]. Summary by Sections 1. Overview and Current Status of the Deep-Sea Economy - The deep-sea economy encompasses diverse industrial clusters formed through the development and utilization of deep-sea resources, which are rich in minerals, oil, gas, and biological resources [3][4]. - The deep-sea is defined as waters deeper than 200 meters, with varying definitions across different fields, and is characterized by extreme conditions that require advanced technology for resource extraction [3][5]. 2. Industrial Chain Analysis - The deep-sea economy's industrial chain is structured as "upstream support - midstream core equipment - downstream application expansion," with a focus on technological complexity and military-civil fusion [7][8]. - The report notes significant growth in the titanium alloy market, projected to reach $15.8 billion by 2024, with a year-on-year increase of 13.7% [8]. 3. Global and Chinese Market Competition Landscape - The report compares the strategic frameworks of various countries, noting that the U.S. emphasizes unilateralism and has developed a comprehensive technology system for deep-sea exploration and mining [11][12]. - China has established a policy framework that includes legal guarantees, strategic guidance, and financial support, positioning deep-sea technology as a key emerging industry [14][19]. 4. Development Prospects and Challenges of China's Deep-Sea Economy - The report emphasizes the strategic value of deep-sea resources for national security and the need for a robust policy framework to support industry growth [19][20]. - Emerging fields such as offshore wind power and marine pharmaceuticals are highlighted as areas for potential growth, with a focus on integrating advanced technologies like AI and big data into the deep-sea economy [20].