BEIJING, Sept. 1 (Xinhua) -- China's national social security fund posted an investment return of 13.22 percent in 2025, earning 390.67 billion yuan (about 57.61 billion U.S. dollars), according to an annual report released Tuesday.

File photo: IC

The National Council for Social Security Fund (NCSSF), which manages the assets of the national social security fund, stated in its report that by the end of 2025, the total assets of the fund had reached 3.81 trillion yuan.

Since its inception, the fund has delivered an average annual return of 7.62 percent, with cumulative investment gains totaling 2.29 trillion yuan.

As a strategic reserve fund, it is designed to supplement and balance social security expenditures, particularly for old-age insurance, during periods of peak population aging.

In 2025, amid a complex market environment fraught with risks, the NCSSF closely tracked macroeconomic and capital market developments and proactively pursued dynamic asset allocation. This approach not only supported the steady development of domestic capital markets but also substantially boosted investment returns, an NCSSF official said.

The NCSSF also stepped up efforts to align with national strategies, optimized the structure of equity assets, and expanded allocations to real-economy investments, according to the official.

"We have consistently adhered to and refined our principles of long-term, value-oriented, and responsible investing, while managing investments prudently to fulfill our core responsibility of ensuring fund safety and preserving and enhancing its value," the official said.

After years of exploration and practice, the NCSSF has developed a comprehensive asset allocation framework that combines strategic asset allocation, tactical asset allocation, and asset rebalancing, the official added.