The Chinese New Year and global supply chains | Ziegler
8 February 2021

The Chinese New Year and global supply chains

The Chinese New Year – and the Year of the Ox – is just around the corner.

It is the most significant and the longest holiday in China celebrated also in a large part of Asia, what people celebrate the beginning of the new year with their families.

This new year will start the year of the Ox, which is a valued animal in Chinese culture. It stands for confidence, dependability, strength, and determination.

 

This year Chinese New Year 2021 falls on Friday, February 12th, 2021, and celebrations culminate with the Lantern Festival on February 26th, 2021. Celebrations last up to 16 days, and the first 7 days are considered a public holiday (February 11th–17th, 2021).

 

This national public holiday has consequences on global supply chains. For 2 weeks, the various European and Chinese ports will be impacted by a large influx of goods. Due to the festival, there will be a closing period for manufacturing industries. The Ziegler offices in China will be closed for the Chinese New Year holiday from 11.02 till and included 17.02.2021 (Hong Kong from 12.02 till 15.02), therefore, there will be no shipments from China for at least a week.

Nevertheless, we hope and will make every effort, that the celebration of this important holiday in Chinese tradition will not affect the smoothness of our operations and service to our customers.

 

On behalf of Ziegler, we wish you all a lot of health, strength, success, and a peaceful Year of the Ox.