Lunar New year is one of the most sacred of all traditional Chinese holidays, a time of family reunion and celebration. The Lunar New Year is also celebrated at this time in Japan, Korea, Vietnam, and Mongolia.
Why is it important?
The New Year celebration is usually celebrated for multiple days—not just one day as in the Gregorian calendar's New Year. China's Lunar New Year is known as the Spring Festival or Chu╠änjié in Mandarin, while Koreans call it Seollal and Vietnamese refer to it as Tß║┐t.
Tied to the lunar calendar, the holiday began as a time for feasting and to honor household and heavenly deities, as well as ancestors. The New Year typically begins with the first new moon that occurs between the end of January and spans the first 15 days of the first month of the lunar calendar—until the full moon arrives.