The invention relates to a low-temperature early-strength corrosion-resistant cement paste system for deepwater cementing. The system consists of the following components in part by weight: 100 parts of cement, 20 to 100 parts of density regulator, 0.3 to 0.6 part of retarder, 0.1 to 5 parts of fluid loss agent, 0.1 to 3 parts of early strength agent, 0 to 0.6 part of dispersant, 5 to 30 parts of heat regulator and 60 to 120 parts of water. 100 weight parts of cement contains the following components in part by weight: 20 to 70 parts of CaO, 20 to 60 parts of Al2O3, 5 to 20 parts of SiO2, 10 to 35 parts of P2O5, 0.5 to 5 parts of Fe2O3 and 1 to 4 parts of MgO. The cement paste system has excellent low-temperature early-strength, corrosion-resistant, thickening time-adjustable and 'right angle thickening' properties, and is expected to solve the main problems of low temperature, set cement corrosion, shallow water-gas channeling and the like that the deepwater cementing faces. The system is reliable in technology and low in cost, is convenient to construct on site, and is particularly suitable for low-temperature, corrosion and shallow water-gas channeling cementing operations under deepwater conditions.