On New Year's Eve, the family gathers to see off the old year and welcome the new.
Tips
usage
Four-character set phrase, standard at year's end. Tightly parallel structure: 辞 (bid farewell) / 迎 (welcome), 旧 (old) / 新 (new). Common in speeches, new-year greetings, and company event names (辞旧迎新晚会).