Yes , it just a celebration grounds of christmas.
If you want, everyday were holiday.
i LIKE THIS HOLIDAY BUT IN UZBEKISTAN DON'T CELEBRATE ITS. sOME PEOPLE EXAMPLE MY SCHOOL CELEBRATE EVERY YEAR. iTS VERY SMART AND PRETTY HOLIDAY FOR ME. ESPECIALLY TO GIVE GIFTS AND OTHER.
In my opinion, chinese don't attention to christmas day.Maybe some young people want to celebrate get together and greet each other.