Two famous comedians from pre-Revolution days perform a series of sketches in a theatre for a group of Party cadres. The stage performances blend over into absurdist, self-contained fantasy episodes where the two comics allegorically parody Party propaganda and ideological orthodoxy.
Yang Bailao, a tenant farmer, lives with his daughter Xi'er. The despotic landlord, Huang Shiren, attempts to forcibly take Xi'er for himself. On the eve of the Chinese Spring Festival, Huang forces Yang to sell his daughter as repayment of the debt Yang owes him.
