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Public pension fund · China

National Council for Social Security Fund

NSSF · established 2000 · ssf.gov.cn

Assets under management
$544B

RMB 3808.373bn (38083.73 yi yuan) · as of 2025-12-31 · fund-reported / official · source · NSSF 2025 annual report (jijin zichan zonge) · retrieved 2026-09-01

NSSF's OWN 2025 annual report (pub. 2026-09-01); total fund assets basis - same basis as prior 2024 figure (33224.62 yi); net assets separately 33466.25 yi; 2025 return 13.22%; FX 7.001 CNY/USD (ECB 2025-12-31). DO NOT CONFLATE with the separately-managed entrusted basic pension fund (35206.99 yi

Rank #16 in The Sovereign 100 (2026).

Disclosure grade  C  10/16 · edition 2026, rubric v1.0

●●AUM disclosure
Audited financials
Reporting cadence
Holdings detail
●●Performance
●●Governance
Strategy & allocation
●●Regulatory filings

Exact assets and returns published annually; summary financials; regulated allocation caps; no US filings.

Corrections & updates

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Cite as: Capital Almanack, “The Sovereign 100” (2026), capitalalmanack.com/funds/nssf.html

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