China's high rates of investment are reasonable given the country's high savings rate and are a key for maintaining economic growth, according to a media report Monday.

The government's attitude is shifting this year to maintaining an appropriate level of investment after clamping down on investment last year, said Li Yang, a senior economist at the Chinese Academy of Social Science, a think tank backed by the State Council, in the China Securities Journal.

The large proportion of manual labor in China's population has led to a high savings rate, which can support a high level of investment, said Li.

(For more biz stories, please visit Industry Updates)