In September 1968, during "the Cultural Revolution" , with the exception of Taiwan Province,all the other 29 provinces, cities and autonomous regions had set up the Revolutionary Committees. To commemorate and celebrate this event, the Ministry of Posts and Telecommunication decided to issue a stamp "All China Is Red" on November 25,1968. The face value was 8 fen. The design was workers, farmers and soliders holding "the Quotations of Chairman Mao"; the background of which was a red ocean of the banners of the " Revolutionary Committees" with the workers, farmers and soliders ardently cherring; at the top of which was a map of China, on the map all were painted red except Taiwan Province and the golden characters on the map read "All China Is Red" . The size of the stamp was 30mm * 40mm, the perforation was 11.5 * 11, the values in set was 50 (10 * 5) , the printing process was gravure and the printer was Beijing Postage Stamp Printing House.The stamps are referred to by stamp collectors as "All China Is Red".

On November 25,1968, the stamps were first issued in Beijing but the issue duration only lasted less than half a day. An editor from China Atlas Press found out that the map on the stamps was inaccurate because the Xisha and Nansha archipelagos were absent. He reported his founding to the Ministry. Having discovered the mistake, the Ministry promptly asked all the post offices to stop the sale of the stamps and to return all of them to the Ministry. However, several post offices had already sold some in advance. Therefore, a limited number of the stamps came to private collections. Due to its extremely limited number,"All China Is Red" has become one of the most famous rare stamps in China since 1949 and also found its place among the most famous rare stamps in the world.

On October 19,1996, on Jiade Autumn Auction, one piece of vertical pair of "All China Is Red", original gum, top-grade item, start price:210, 000 ----- 230, 000 RMB, was sold at 302, 500 RMB. On April 20,1997, on Jiade Spring Auction, one block of four of the "All China Is Red" , with right margin, original gum, top-grade item, start price: 580, 000 ----- 600, 000 RMB, was sold at 748, 000 RMB. On October 1, 1997, one post office sheet of 50 was first in display on the China Philatelic Expo in Guangzhou City. This sheet is so valuable as to a "national treasure" whose market price is over 10, 000, 000 RMB.