The San Francisco Chinese New Year Festival and Parade is an annual event in San Francisco. Held for approximately two weeks following the first day of the Chinese New Year, it combines elements of the Chinese Lantern Festival with a typical American parade. First held in 1851, along what are today Grant Avenue and Kearny Street, it is the oldest and one of the largest events of its kind outside of Asia, and one of the largest Asian cultural events in North America. The parade route begins on Market Street and terminates in Chinatown.