Lunar New Year : A Look into the History and Significance of this Traditional Festival. Introduction : The Lunar New Year, also known as Chinese New Year or Spring Festival, is an important traditional holiday celebrated by many cultures around the world, including China, Vietnam, and Korea. The festival is based on the lunar calendar, and typically falls between late January and mid-February. History : The origins of Lunar New Year can be traced back to ancient China, where the festival was celebrated to mark the end of the cold winter and the start of the new agricultural year. The festival was originally a time for the Chinese people to give thanks to the gods and ancestors for a good harvest and to pray for good luck and prosperity in the coming year. The customs and traditions of Lunar New Year have evolved over time, but many of the original practices are still observed today. For example, families traditionally clean their houses and decorate them with re