Chinese-new-year-2015

Gung Hay Fat Choy – Best wishes and Congratulations. Have a prosperous and good year.

Banner-ad_Year-of-Goat

Seven

The number of days most Chinese workers will get off work during the 40-day lunar new year period, giving them a rare chance to spend time with their families. At midnight on Wednesday, hundreds of millions of people will celebrate the end of the year of the horse and the dawn of the year of the goat (or sheep).

3.6 billion

Passenger trips (slightly fewer than three trips for every Chinese citizen) will turn China’s roads, airports and train stations into congestion hotspots over the 40-day period, according to government predictions. The annual Chunyun, or “spring festival transport”, is the largest human migration in the world. Major cities empty, sleepy villages spring to life, and traffic jams on major roads stretch for miles.

$100 billion

The sum Chinese consumers spent on shopping and eating out during the lunar new year period in 2014.

Six

The number of strokes that comprise the character 羊, the forthcoming lunar year’s name. Pronounced yang, the character can mean either goat or sheep.

12

Animal signs make up the Chinese zodiac. Astrologers posit that babies born under each sign are bestowed with unique personality traits – rat-year babies are cautious, dragon babies resilient, dog babies intelligent, and goat/sheep babies are considered meek.

Nine out of 10

People born in the year of the goat/sheep do not find happiness in their lives, according to Chinese myth, and anecdotal evidence says that many families delay having children until a more auspicious year rolls around. Nationwide statistics, it should be noted, do not bear out the trend.

138

Chinese cities that have banned fireworks this year. Another 536 have restricted their use, largely over concerns about air pollution and personal safety. Yet despite warnings in the official press, most Chinese cities have been filled with red firework stands in the lead up to the new year, and explosions will ring out for weeks.

119

The number of countries, that will host festivities to mark the new year, according to the Chinese culture ministry.

13

The number of years for which fireworks were banned in Beijing before 2006, when authorities buckled under an intense public backlash. Three years later, an unauthorised display sparked a massive fire at the unfinished, Rem Koolhaas-designed Mandarin Oriental hotel in the city’s central business district. The building has yet to be repaired.

10 million

Messages sent on WeChat, China’s most popular mobile messaging service, every minute between 10pm and midnight on Chinese new year’s eve 2104. The service boasts 500 million monthly users, and its success suggests that Chinese citizens are becoming increasingly connected each year.

85

The number of MacroPlan staff wishing all of our clients “Gung Hay Fat Choy.” Translation: “Best wishes and Congratulations. Have a prosperous and good year.”

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MacroPlan is proud of its association with Ying Yang who have developed the online e-commerce platform www.yingyangzhiye.com in China, which focuses exclusively on global residential investment property for Chinese investors.

MacroPlan has partnered with YingYang RE Ltd to provide updated market and property information as well as the latest transaction data, allowing Chinese investors to make informed investment evaluations and decisions.

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