You should say:
When it takes place
Why it takes place
What the people do during this festival
and explain why this festival is important to you.
New Year day is one of the most widely celebrated festivals in our country. This is the occasion that people celebrates with great joy, hope, festivity and different cultural and other programs.
元旦是我国最广泛庆祝的节日之一。这是人们怀着极大的喜悦、希望、节日以及不同文化和其他节目来庆祝的节日。
New Year is the time when a new calendar year begins and the year count is incremented. According to Gregorian calendar, this festival falls on the first January each year.
新年是一个新的日历年开始，年数增加的时间。根据公历，这个节日在每年的1月1日。
People start the arrangement to celebrate this festival about one week prior to the 1st January. On the 31st night, people gather together, eat western foods and sometimes the traditional foods, make prayer for the prosperity of for the New Year and stay awake till late night to enjoy the night.
人们开始安排在1月1日的前一周庆祝这个节日。在第31天晚上，人们聚集在一起，吃西餐，有时也吃传统食物，为新年的繁荣祈祷，直到深夜，享受夜晚。
In my country, people groom well in the first January. To some extent people believe that the first January is important to them as it the starting of a new year. They believe that remaining happy, eating good foods and wearing nice clothes would make them happy and prosperous for the whole year.
在我的国家，人们在1月1日打扮得很好。在某种程度上，人们认为一月对他们来说很重要，因为它是新年的开始。他们相信保持快乐，吃好食物，穿好衣服会让他们一整年都快乐和富足。
People greet others, give and receive gifts, visit the amusement parks and do many other activities. Some fares held on for the occasion and a great gathering is observed there. So of the big trade fares, book fares start on the 1st day of the year.
人们问候别人，赠送和接受礼物，参观游乐园和做许多其他的活动。一些票价为这个场合举行，并观察到一个大聚会。所以大的交易票价，预订票价从每年的第一天开始。
This is an important festival for us. We along with the whole world take this day as an important festival day. In our tradition, we start the year with the hope of eliminating the bitterness and failure of the past year and start a fresh year with the hope of fortune and happiness.
对我们来说，这是一个重要的节日。我们和全世界都把这一天作为一个重要的节日。在我们的传统中，我们怀着消除过去一年的痛苦和失败的希望开始新的一年，怀着好运和幸福的希望开始新的一年。