However, note that while giving Chinese New Year presents, the gifts denote the essence of Chinese culture and the tradition. Hence, Chinese New Year gifts vary from Lanterns, Chop Sticks, Cane Umbrellas, T-Shirts, Dragon Heads, Fans, Bamboo Hats, and Statues to many other wonderful items. Cards such as invitation cards, inspirational wishes, formal greetings and good luck symbols and fortunes are also some of the popular Chinese New Year presents.

Gift baskets with materials relating to the essence of the Chinese tradition and cultures are also being used as New Year presents.

An interesting ancient custom of the Chinese New Year Presents which has always been an important part is the Hong Bao. This tradition involves giving of small red envelopes filled with "lucky money” to children and unmarried adults by the married couples. The red color is considered to bring good fortune while the money is used to buy themselves gifts or treats, as per their choice.

Besides, the Chinese also like practical and useful items as gifts. So, the latest high tech gadgets like digital planners, laptops, iPods, digital cameras and many such items are popular Chinese New Year presents.

There are also varieties of Wine such as medium dry wine, Great Wall dry wine, dry red wine, medium sweet wines which are famous and apt for Chinese New Year presents. Besides, flowers and blooming plants are considered lucky in China as they signify rebirth and new growth.