China Stamps - 1985 , T104 , Scott 1969-72 Festive Lantern, two First Day Covers Guangzhou postmarked, F-VF : The Lantern Festival (also called Yuanxiao Festival) is on the 15th day of the first Chinese lunar month. It is closely related to Spring Festival. Yuan literally means first, while Xiao refers to night. Yuanxiao is the first time when we see the full moon in the new year. It is traditionally a time for family reunion. The displaying of lanterns is a big event on that day, all the people will play the Festive Lantern, another important part of the Festival is eating small dumpling balls made of glutinous rice flour. We call these balls Yuanxiao.