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

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.

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.

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.

Li Fuchun reports on negotiations between China and North Korea over trade and North Korea's First-Five Year Plan occurring from 13 September through 23 September 1957.

Brzezinski Henryk and Cheng Wenjin discuss North Korea's Five-Year Plan, China's economic advice offered to the North Koreans, and Chinese aid to and trade with North Korea.