San Francisco is preparing to host hundreds of thousands celebrating the Lunar New Year; Thursday, organizers shared their plans for this year’s Chinese New Year parade and festival. Watch NBC Bay Area News free wherever you are WATCH HERE WATCH HEREAt Lion Trading in Chinatown, Lucas Li says the Lunar New Year celebration is an important time for the community and they're preparing for it. He’s hoping for success and looking forward to the weeks-long celebration starting in mid-February. “We have a total of 60 floats approximately 70 units different organization, is going to be a huge event.”The celebration starts in mid-February, with a parade set for March 7. The SFPD says it's ready to ensure it will be a safe celebration for the tens of thousands who are expected to gather.