The reasons why the 2024 Lunar New Year holiday is adjusted this way are: to make the vacation time relatively concentrated, to balance work and leisure time, and to promote consumption and tourism.

1. Making the vacation time relatively concentrated: In order to ensure that people have enough time to celebrate and rest, adjusting the vacation time has become a necessary measure. By adjusting the holiday and extending it to the second weekend, it is conducive for the public to better arrange various activities during the Spring Festival and meet the needs of visiting friends and relatives, reunion and celebration.

2. Balancing work and leisure time: In China, the Spring Festival is the most important traditional festival, and for most people it is an important time for family reunion and rest. However, the normal working day schedule may prevent some people from fully enjoying their Spring Festival vacation.

3. Promoting consumption and tourism: The Spring Festival is one of the periods when China's people have the strongest consumption demand. The large number of people moving around and the increase in consumption demand bring huge business opportunities for the tourism, catering, retail and other industries. By transferring the holidays, we can make the Spring Festival vacation time more abundant, which is conducive to stimulating consumption and promoting the development of China's tourism and related industries.

Characteristics of the Spring Festival holiday in 2024:

1, the Lunar New Year holiday spans a long time: the first day of the Lunar New Year in 2024 (February 10) and the second day of the Lunar New Year (February 11) will be weekends, which means that the Spring Festival holiday will start from the third weekend and last until the end of the second weekend. Compared with previous years, the 2024 Chinese New Year holiday is more abundant, so people can arrange more time to reunite with their families and visit friends and relatives.

2. Adaptability of holiday arrangements: Around the Lunar New Year in 2024, Hong Kong has specially arranged two weekends as compensatory holidays, namely Monday, February 20 and Monday, February 27, to cope with the possible rescheduling of working days as a result of the Chinese New Year holiday. This flexible holiday arrangement not only meets the needs of traditional customs, but also allows office workers to better adjust their work schedules and adapt to holiday life.

3. Plenty of holiday shopping promotions: With the arrival of the 2024 Chinese New Year holiday, major merchants have launched various promotions to attract consumers to shop. During the Chinese New Year period, Hong Kong's New Year markets, shopping malls and tourist attractions will hold colorful celebrations, such as dragon and lion dances and cultural performances.

Reference for the above: Baidu Encyclopedia - Notice of the General Office of the State Council on the Arrangement of Some Holidays in 2024