China Sets 2018 Economic Growth Target at About 6.5%

BEIJING—China set a target for economic growth for 2018 at “about 6.5%,” seeking to keep economic expansion steady as it tackles its rising debt woes.

In a report released at the opening of the annual meeting of the National People’s Congress, China’s legislature, the government set the growth target largely in line with last year’s objective of “around 6.5% or higher if possible.”

China’s...