Chinese New Year in 2014 is on January 31st. Chinese New Year, which is also Spring Festival for the Chinese, is calculated in accordance to the luni-solar calendar. This makes the date corresponding to the modern day Gregorian calendar change each year.
According to Chinese calculations, New Year comes on the second New Moon after the Winter Solstice that comes closest to li chun (beginning of spring) and falls on the 11th month of the Chinese calendar. However, in case there is a Leap Month after the 11th or 12th month of the Chinese calendar, the New Year commences with the third New Moon. 

Chinese New Year 2014
Chinese New Year 2014
 In modern times, Chinese calendar calculations are based on 120 degrees East Meridian.
The length of the months is astronomically calculated in keeping with the Chinese traditional calendar. Then the calculations are plotted against combination of two calendars � lunar and solar.

The solar New Year is known as Sui which has  duration from one December Solstice to the next; while Nian is the Chinese calendar that commences on one Chinese New Year and continues till the next. Final result is achieved after approximation of these two calendar systems. 

Chinese New Year celebrations last for fifteen days, each day having its own set of rituals, customs and traditions. 

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