The Spring Festival, also known as Chinese New Year, holds deep cultural significance. In English, you might express its meaning as follows:

"The Spring Festival, or Chinese New Year, is a time of joy and celebration that marks the beginning of the lunar new year. It is a time for families to come together, honor ancestors, and welcome good fortune and prosperity. It is characterized by traditional customs such as red decorations, the giving of red envelopes, feasting, dragon and lion dances, and the lighting of fireworks. The festival is a symbol of renewal, a time to reflect on the past year and look forward to the new one with hope and optimism."
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