Or more formally, the Year of the Water Snake. Celebrate by dropping in on The Mysterious China Blog to learn a little Chinese history, legend and lore.
Or pick up a copy of Kelli Stanley's first Miranda Corbie mystery, City of Dragons, which starts out with a murder on Chinese New Year.
Treat yourself to a Chinese movie marathon. (Get some inspiration here at Watch Culture.)
Don't forget to read the predictions for the year ahead. Tradition states that years designated by the Snake are marked by twists and turns.
Wuldn't it be cool to do an anthology with all the stories inspired by a zodiac animal? You could have more than twelve stories because each of the animals has variations on elements--water, fire, earth, etc. Hm. That's going to have to go up on my possibility shelf, along with the Shakespeare Noir idea.