There the 15-day New Year festivities are celebrated with a week of vacation in metropolitan areas of China. Much like the Western New Year (January 1st), the biggest celebration is on the eve of the holiday. At the turn of the new year, fireworks cover the city. Aside from New Year's Eve, there are other important days of the 15-day New Year Festival.
Another special is red envelopes, which called "hong bao" in Mandarin, the red envelopes filled with money are typically only given to children or unmarried adults with no job. If you're single and working and making money, you still have to give the younger ones the hong bao money. The color red denotes good luck/fortune and happiness/abundance in the Chinese Culture and is often worn or used for decoration in other celebrations.
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