The Chinese meaning of this festival is Guo Nian. Guo means pass over and Nian means year. The origin of the Chinese New Year Festival can be traced back thousands of years through a continually evolving series of colorful legends and traditions. According to one of the most famous legends, in ancient China there lived a monster named Year who, with a horn on the head, was extremely ferocious. Year lived deep at the bottom of the sea all the year round and climbed up to the shore only on New Year's Eve to devour the cattle and kill people's lives.

Thereupon on the day of every New Year's Eve people from all villages would flee, bringing along the old and the young, to the remote mountains so as to avoid the calamity caused by the monster of Year.

On the day of that New Year's Eve the people of Peach Blossom village were bringing along the old and the young to take flight when there came from outside the village an old beggar. With a stick in his hand and a bag hanging upon his arm, he had eyes twinkling like stars and graceful beard as white as silver.

Seized with panic, the villagers were in a great hurry to run away. Some were closing the windows and locking the doors, some were packing, and others were urging the cattle and driving the sheep. At a time when the people were shouting and the horses were neighing no one was in the mood to care for the beggar.

Only a grandmother living in the east end of the village gave the old man some food and advised him to flee to the mountains to avoid the Year monster. But the old man stroked his beard and said with a smile, "If you allow me to stay at your home for the night, I'm sure to drive away the monster Year."

The old woman was surprised to hear this. She looked at him unbelievingly only to find that, with white hair and ruddy complexion, the old man had a bearing out of the ordinary. She went on to persuade him to take flight. But he only smiled without reply. Thereupon the grandmother could not help but leave her home and flee to the mountains.

Around midnight the monster Year rushed into the villages. He found the atmosphere was quite different from that of the previous year. The house of the grandmother in the east end of the village was brilliantly illuminated, with bright red paper stuck on the doors. Greatly shocked, the monster gave a strange loud cry.

The monster Year stared angrily at the house for a moment. And then howling furiously, he made a pounce on it. As he approached the door, there came all of a sudden the exploding sounds of bang-bong. Trembling all over, the monster dared not make a step forward.

It turned out that the red color; flame and exploding were what Year feared the most. And when the door of the grandmother's house was thrown open and an old man in a red robe burst out laughing in the courtyard, the monster Year was scared out of his wits and fled helter-skelter.

The next day was the 1st of the first lunar month. When people came back from their hideouts and found everything safe and sound, they were quite surprised. The old woman suddenly realized what had happened and told the villagers about the old beggar's promise.

The villagers swarmed into the grandmother's house, only to find that the doors were struck with red paper , the ember of a pile of bamboo were still giving out exploding sound of bang-bong in the courtyard, and a few candles were still glowing in the room.

The story was soon spread far and wide and everybody was talking about it. They concluded in the end that the old beggar was surely the celestial being who came to expel the calamities and bless the people, and that red paper, red cloth, red candles and the exploding firecracker were certainly the magic weapons to drive out the monster Year.

To celebrate the arrival of the auspiciousness, the raptured villagers put on their clothes and new hats and went one after another to their relatives and friends to send their regards and congratulations. This was soon spread to the surrounding villages, and people all got to know the way to drive away the monster Year.

From then on, on each New Year's Eve, each family stick on their doors antithetical couplets written on red paper, blow up firecrackers, keep their houses brilliantly illuminated and stay up late into the night. Early in the morning of the 1st of the first lunar month they go to their relatives and friends' to send their regards and congratulations. These customs are spreading far and wide and kept for generations. It becomes the most ceremonious traditional festival of the Chinese people.