Chinese Ambassador Pan Zili explains to Ivanov the successes of the Communist Party of China in its implementation of its agricultural cooperative plan.

Soviet report on the PRC's economic situation. Notes that the expectations for Chinese economic growth were set too high, and records Chinese food rations.

S. Antonov's report on the economic and political state of the PRC. Antonov writes that China should be able to equal England's steel production within the second Five-Year Plan. Also notes the heightening of Chinese-Japanese tension, as China recognizes the possibility of renewed Japanese militarism.

Mikhail Zimyanin, head of the Soviet Foreign Ministry’s Far Eastern department, reports to Khrushchev on the “new stage” in Sino-Soviet relations after the victory of the people’s revolution in China; China and the Soviet Union now share the common goal of developing socialist societies in their respective countries.