Pension Fund

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National Social Security Fund - China

The National Council for Social Security Fund (NCSSF) is a public institution established in August 2000 by the Central Committee of the Communist Party of...

National Social Security Fund - China

The National Council for Social Security Fund (NCSSF) is a public institution established in August 2000 by the Central Committee of the Communist Party of China and the State Council. The NCSSF manages assets of the National Social Security Fund to support future social security expenditures and address aging in China. It also manages equity assets transferred from Central State-owned Enterprises and parts of the Basic Old-age Insurance Fund entrusted by local provinces.

General information

Firm type

Pension Fund

Year founded

2000

Location

Region

Asia

Country

China

City

Beijing

Corporate office

South Wing, Fenghui Times Building, No. 11 Fenghuiyuan, Xicheng District, Beijing, China

Principals

Liu Kun

Chairman

Ding Xuedong

Party Secretary

Sector focus

Financial ServicesReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at National Social Security Fund - China?

Liu Kun serves as Chairman and Ding Xuedong as Party Secretary. The council reports to the State Council and receives supervisory input from the Ministry of Finance and Ministry of Human Resources and Social Security.

Does National Social Security Fund - China participate in fund commitments or only direct deals?

The fund acts as limited partner in multiple private equity and venture vehicles while also executing direct holdings in listed banks, infrastructure assets and operating companies such as Ant Group.

What investment stages does National Social Security Fund - China typically target?

The fund pursues buyout, growth, expansion and early-stage opportunities through both fund commitments and direct investments across China-focused managers.

Where does the underlying capital come from?

Capital originates from central government fiscal allocations, equity transfers from state-owned enterprises and entrustments of provincial basic old-age insurance funds.

How is National Social Security Fund - China related to the Ministry of Finance?

The Ministry of Finance acts as the primary supervisory department and provides fiscal allocations while the fund operates as a public institution under the State Council.

Does National Social Security Fund - China maintain membership in international investor networks?

The fund is a full member of the International Forum of Sovereign Wealth Funds, a signatory to the Santiago Principles and an endorser of ILPA Private Equity Principles.

What geographic regions receive capital from National Social Security Fund - China?

The large majority of deployment occurs inside China with additional exposure through international managers and co-investments in listed securities.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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