On the meeting between Shtemenko and Xu Xiang-Qian. Xu Xiang-Qian reiterated Mao's request that the Soviets supply 60 divisions with weapons, and that Mao agrees with the proposed organizational plan of the infantry divisions.

Reports what air force divisions are ready, what need retraining, and why some processes are progressing slowly.

Reporting that the value of the ruble was decreasing in terms of the American dollar and the Chinese yuan because the exchange rate of the ruble in yuan is calculated through the American dollar; the value of gold on the black market; and that an agreement should be established between the People's Bank of China and the National Bank of the USSR on the settlement of the non-trade transactions between the ruble and the yuan in line with the price of gold, independent of the US dollar.

A response to Mao's questions about the third article of the draft agreement on military credit, the date of the requested deliveries in February and May, and requests to expedite delivery of the remaining 12,000 cars.

Peng Dehuai informs Stalin of what was happening on the front lines, and the status of the their armies and the opposing ones.

Account of the reception of the Chinese Ambassador Peng Dehuai. He requested that all Korean undergrad and graduate students be admitted to the Soviet summer schools, as well as Korean specialists who receive production and technical training in industrial settings the USSR (a total of 738 people). Gromyko notes that there are differences between the requests of Dehuai and Kim Il Sung, and that Dehuai has been asked to speak to Kim Il Sung, and clear up the differences.