In September 1966, with the outbreak of the Cultural Revolution, the state completely stopped issuing fixed dividends to former private industrialists and businessmen, prematurely terminating the buyout period and completely zeroing out the status and assets of former capitalists.
Mao Zedong posted the big-character poster 'Bombard the Headquarters' at the plenary session, pointing the spearhead directly at Liu Shaoqi. Liu Shaoqi's ranking within the party plummeted, marking his loss of power.
1966年5月，中国文化大革命开始，政治运动随后持续多年。
Deng Xiaoping was labeled the second-numbered capitalist road faction within the Party, was sent to labor reform in Jiangxi, and his son Deng Pufang was tortured by Red Guards, resulting in disability.