Puzanov discusses his participation in the laying of the wreath by the Chinese delegation at the monument to the Liberation of Korea, the satisfactory reception for the delegation, and presenting Pak Jeong-ae with a letter from the CPSU CC.

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.

Jeong Il-yong discusses the issue concerning the construction of the Seongjin Steel Foundry and Nam Il informs Puzanov of the Presidium meeting in which Kim Du-bong explains his ties with Choe Chang-ik and Kim Seung-hwa in the previous year.

Kim Il Sung tells Puzanov that the North Korean delegation to Moscow seeks consultation for the first DPRK five-year plan and the development of economic ties between the DPRK and the USSR. He states the expected North Korean production increases in agriculture, industry, consumer goods, capital investment, and export goods. Kim Il Sung also articulates the intended goals of the first five-year plan.

Puzanov, Kim Il, and Hong Myeong-hui discuss the DPRK's fertilizer needs, the possible aid of Uzbekistan grapevines to North Korea, and the DPRK's prioritization of heavy industry in its development model.

During his conversation with Puzanov, Kim Il Sung discusses the five-year plan to develop the DPRK's economy, the KWP's efforts to improve the standard of living for the North Korean people, factionalism and the eventual consolidation of KWP members under the official party line, Stalin's cult of personality, and problems in the North Korean judiciary.