The memorandum elaborates on the rapid economic growth and development in domestic policies in the DPRK after the Korean War.

At the 40th anniversary of the USSR Armed Forces meeting, Kim Il Sung shares impressions of the visit of the PRC delegation and discusses the South Korean aircraft that overflew DPRK in February 16 and students who renounced the DPRK citizenship.

Kim Il Sung discusses his plans to send a letter to Mao Zedong about the withdrawal of the Chinese volunteers from DPRK and to convene a Party conference as well as the current situation with trade in pork and progress of the conference of agricultural cooperative workers.

Pak Ui-wan relays Kim Il Sung's report that is to announced in the KWP CC Plenum and Kim Il Sung's positive review of the meetings at Moscow.

Qiao Xiaoguang relays the results of the trip to China by the unofficial Korean delegation headed by Kim Il, where the draft of the first DPRK five-year plan and issues of the commodity exchange between the PRC and DPRK were discussed.

Puzanov meets with the PRC Ambassador to the DPRK, Qiao Xiaoguang, and tells him about his trip to Hamgyong with Kim Il Sung. Both Ambassadors express respect for the hard work of the Korean people, acknowledge the shortcomings of the DPRK economy, and discuss the movement to regulate the work style of the Korean people. Qiang is unwilling to discuss intra-Party aspects of the KWP, but he agrees to continue exchanging information with Puzanov in the future.

Zhou Enlai and Ri Ju-yeon discuss steel production, agricultural production, and electricity production in North Korea as well as Sino-North Korean trade and economic cooperation.

Zhou Enlai and Kim Il Sung discuss the economic situation, electricity production, agricultural production, cooperativization, and the military in North Korea, as well as the withdrawal of the Chinese People's Army from the DPRK. Zhou and Kim also touched on issues relating to U.S.-Japan relations, inter-Korean relations, Chinese development, the Great Leap Forward, U.S. global strategy, Korean nationals in Japan, and Taiwan.

A report on the quantity and types of industrial equipment being provided to North Korea by China, as well as the types of factories being constructed in North Korea with Chinese assistance.

Li Fuchun reports on negotiations over Sino-North Korean trade and North Korea's First-Five Year Plan.