January: Lunar (Chinese New Year) The Chinese New Year, or Spring Festival as it’s been called since the 20th century, remains the most important social and economic holiday in China. Originally tied to the lunar-solar Chinese calendar, the holiday was a time to honor household and heavenly deities as well as ancestors. It was also a time to bring family together for feasting. With the popular adoption in China of the Western calendar in 1912, the Chinese joined in celebrating January 1 as New Year’s Day. China, however, continues to celebrate the traditional Chinese New Year, although in a shorter version with a new name–the Spring Festival. Significantly, younger generations of Chinese now observe the holiday in a very different manner from their ancestors. For some young people, the holiday has evolved from an opportunity to renew family ties to a chance for relaxation from work. This year 2018, Chinese New Year will be on Friday February 16.