This year, the first month of the new lunar year starts according to the Chinese calendar on 5 February 2019.
Many countries celebrate the new year according to the Chinese Calendar and not only to our calendar which is the Gregorian calendar starting on the 1st of January.
Many people dress mainly in red coloured clothing for the festivities.
Often people also buy new clothes to show that a fresh beginning is celebrated with the new year.
Some families may even invite a dance troupe into their homes as well.
Firecrackers are lit as these shall bring good luck and fortune.
The Chinese calendar is about one month behind our (so called Gregorian) calendar as it has between 30 and 50 more days per year.
And the Chinese zodiac calendar has a cycle of 12 years.
This new year celebration is also called Lunar New Year and celebrated also as Spring Festival.
It is celebrated in January or February in many countries around the world.