This issue features content on China's relations with the Soviet Union, Hungary, Afghanistan, and Hong Kong. It also has sections on tax relief and loan assistance for poor production teams and military, prevention and treatment of Kashin-Beck Disease, the collection of revolutionary history archives, regulations on production, business, infrastructure, and Soviet activities, and village transfer and reassignment.

The Hungarian Ministry of the Interior weighs how China views the ongoing reforms in Hungary.

Martin, the Hungarian ambassador to China, is involved with several conversations with Chinese officials before returning to Hungary, and the three highlighted conversations are with Zhu De, Chen Yi, and Zhou Enlai. Among other international issues, Zhu De discusses imperial attempts to restore capitalism in socialist countries and references “revisionism” in Hungary, to which Martin responds defensively. Chen Yi discusses Chinese industrial and economic development. Zhou Enlai discusses recent Chinese struggles, and interprets Martin’s reaction as distrust.

A review of the 10-12 March meeting during which the CC International Departments discussed the China issue. A great deal of time was spent discussing whether or not China was still a socialist country. A "Protocol Note" was unanimously adopted as a result of the meeting.

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.

Members of the Hungarian Central Committee discuss recent trips to Moscow and Budapest. Those involved debrief the group on discussions at both locations over the domestic situation in China and its possible repercussions for international communism.