Most importantly, the first day of Chinese New Year is a time to honor one's elders and families visit the oldest and most senior members of their extended families, usually their parents, grandparents and great-grandparents.
For Buddhists, the first day is also the birthday of Maitreya Bodhisattva (better known as the more familiar Budai Luohan), the Buddha-to-be. People also abstain from killing animals.
Some families may invite a lion dance troupe as a symbolic ritual to usher in the Chinese New Year as well as to evict bad spirits from the premises. Members of the family who are married also give red envelopes containing cash to junior members of the family, mostly children and teenagers. Business managers also give bonuses through red envelopes to employees for good luck and wealth.
While fireworks and firecrackers are traditionally very popular, some regions have banned them due to concerns over fire hazards, which have resulted in increased number of fires around New Years and challenged municipal fire departments' work capacity. For this reason, various city governments (e.g., Hong Kong, and Beijing, for a number of years) issued bans over fireworks and firecrackers in certain premises of the city. As a substitute, large-scale fireworks have been launched by governments in such cities as Hong Kong.
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