The content of the conversation mainly included six points:

1. Revolution liberates productive forces, and reform also liberates productive forces. To adhere to the line and principles adopted since the Third Plenary Session of the 11th Central Committee of the Communist Party of China, the key is to adhere to the party's basic line of "one center and two basic points" and remain unwavering for a hundred years.

2. We must speed up the pace of reform and opening up, and do not dwell on the issue of whether the surname is "capital" or "social". The criterion for judging reform and opening up mainly depends on whether it is conducive to developing the productive forces of socialist society, whether it is conducive to enhancing the comprehensive national strength of the socialist country, and whether it is conducive to improving people's living standards. Now we need to be wary of the right, but the main thing is to prevent the "left". Planning and market are not the essential differences between socialism and capitalism.

3. Development is the last word. We must seize favorable opportunities and concentrate on economic construction. Economic development must rely on science and technology and education, and science and technology is the primary productive force.

4. Insist on grasping with both hands, and both hands must be strong. Throughout the process of reform and opening up, we must always pay attention to adhering to the four basic principles and oppose bourgeois liberalization.

5. The correct political line must be guaranteed by the correct organizational line. We must pay attention to cultivating people and select talents into the leadership according to the "four modernizations" standards. We must oppose formalism and learn Marxism-Leninism carefully and effectively.

6. Adhere to socialist beliefs. Socialism will inevitably replace capitalism after going through a tortuous development process. This is the general trend of historical development.

The talk pointed out: If we do not adhere to socialism, do not reform and open up, do not develop the economy, and do not improve people's lives, there will be no way out. Revolution liberates productive forces, and reform also liberates productive forces. We should be bolder in reform and opening up, dare to experiment, and boldly try and break through if we are sure. Science must be promoted, and only by relying on science can we have hope. We must persist in pursuing reform and opening up with two hands, and cracking down on various criminal activities with the other. Both hands must be tough.

Deng Xiaoping’s Southern Tour speech concisely summarized the achievements of my country’s reform and opening up in the previous stage, and pointed out the direction of in-depth reform in the next stage, dividing China’s more than 20 years of reform and opening up into before and after. The two stages, the entire 1980s before that, were the first wave of China's reforms; and from then on until 2001, they were the second wave of China's economic development.

Deng Xiaoping’s important speech during his inspection of the South analyzed the international and domestic situation at that time, scientifically summarized the basic practice and basic experience of reform, opening up and modernization since the Third Plenary Session of the 11th Central Committee of the Party, and further clarified the reform The great significance of opening up expounds the basic principles of establishing the theory of socialist market economy, and provides theoretically profound answers to many major cognitive issues that have long troubled and constrained people's thinking. It is another step in pushing reform, opening up, and modernization to a new stage. A manifesto to emancipate the mind and seek truth from facts. This is of great and far-reaching significance to my country's reform and opening up and socialist modernization, as well as to the success of the 14th National Congress of the Communist Party of China.