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China’s SASAC pushes deep-sea and deep-Earth industry development

On September 2, the State-owned Assets Supervision and Administration Commission (SASAC) and the Chinese Academy of Sciences launched a training program for central enterprises in deep-sea and deep-Earth industries. SASAC Vice Chairman Tan Zuojun stressed focusing on industry pain points, leveraging CAS research strengths, and fostering high-level talent to drive high-quality development.

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AI take

This signals a strategic push by Beijing to channel state-backed scientific and industrial resources into frontier sectors beyond the current tech spotlight. For central enterprises, it implies a mandate to integrate deep-sea and deep-Earth capabilities, potentially reshaping capital allocation and R&D priorities within state-owned giants. The emphasis on talent and pain points suggests a policy shift toward solving concrete operational bottlenecks rather than broad exploration. Whether this translates into tangible project pipelines or remains a training-level initiative is the key development to track, as it could influence broader state-led industrial strategy.

Generated by AI for reference only.

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