China's National Council for Social Security Fund (SSF) said that by the end of 2010 the assets managed by it totaled 856.7 billion yuan ($131.76 billion), a tenfold increase since it was established in August 2000, China Securities Journal reported on Thursday.

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According to the report, SSF posted an average investment yield of 9.17 percent during the past decade.

Dai Xianglong, chairman of SSF said earlier that the fund will add 100 billion yuan investment in 2011, focused on fixed-return products, private equities and overseas assets. He expected the SSF to become 1.5 trillion yuan by 2015.

The report also said the SSF will invest more on government-subsidized housing projects for low-income families.