Mao reports that they have completed a draft of the Sino-Soviet Treaty of Friendship, Alliance, and Mutual Assistance, as well as an agreement on Lushun, Dalian, and the Chinese Chanchun Railway.

Mao Zedong offers instructions on the impending trade agreement with the Soviet Union.

During this first meeting in Liuzhou, the Comrade Vo makes a comprehensive presentation. Later, Zhou will give a report on the Geneva Conference and the international situation.

Mao Zedong cables to Liu Shaoqi regarding the status of US property and institutions in China, the situation in Hong Kong, and Chinese representation at the United Nations.

A committee to write up a preliminary draft for a loan from the USSR to China is created. Stalin meets with a delegation of the CCP and answers several of their questions, including: the CCP's policy towards the Chinese national bourgeoisie, the matter of people's democratic dictatorship, Chinese foreign policy issues, Sino-Soviet relations, Xinjiang, Dalian, a Chinese University in Moscow, a railway from outer Mongolia to Zhangjiakou, and a naval school. Stalin and the CCP delegation also discussed the possibility of a war breaking out between the USSR and the US.