This speech is part of the fourth volume collection of his works, which was published by the Foreign Languages Press in Beijing.
Mao then talks passionately about the early years of the Chinese communist revolution against Chiang Kai-shek, the leader of the Kuomintang (the government of the Republic of China that ultimately relocated to Taiwan), and of destroyed and crumbling imperialist empires.
Mao credits the CCP for raising the standards of the working class in China and for its strong alliance with the Soviet Union.
Stressing the importance of the alliance between the working class and the peasantry, Mao calls for a common effort with urban bourgeoisie (a term used in this context to mean current communists but former wealth holders) to organize rural production until regulated capitalism until final socialism can extend to agriculture.
Mao ends the speech with a call for continued education, economic growth, and overcoming difficulties in the face of international opposition and for an embrace of Soviet assistance in modernization.