Yes, it means: On New Year’s Day, every family will light firecrackers and bid farewell to the old year in the bursts of firecrackers. People face the warm spring breeze and drink delicious wine happily. Tusu wine.
This poem comes from Wang Anshi in the Song Dynasty. "Tusu" here specifically refers to Tusu wine. Drinking Tusu wine is also an ancient custom during the New Year. On the first day of the new year, the whole family drinks this kind of wine soaked with Tusu grass together. Wine is used to ward off evil spirits and avoid plagues in order to achieve longevity.
By describing the moving scenes of excitement, joy, and renewal of everything on New Year's Day, politician Wang Anshi expressed the political ideal of innovating politics, promoting new laws, and enriching the country and strengthening the army, full of cheerful optimism and positive and enterprising spirit.
Using scenery to illustrate principles and expressing feelings, it elucidates profound philosophy. New things are like "the spring breeze bringing warmth", full of vitality, and will inevitably replace the old things. "Always replace the old talisman with the new peach", get rid of the old disadvantages, build the old with the new, and we will definitely usher in the bright and sunny day of "thousands of households". Everything is renewed, conveying the simple philosophy that "new things will inevitably defeat old things".
Update:
Update means replacing the old with the new. Also refers to product upgrades.
Pronunciation: gēng xīn huàn dài?
Source: Deng Xiaoping's "Speech when meeting with cadres of the Capital Martial Law Force and above": "No matter how many big losses we suffer, no matter what Renewal, our army will always be an army under the leadership of the party."
Quote: Chapter 4 of Gu Hua's "Furong Town": "It happened that the bamboos bloomed and grew rice that year, and the new generation was naturally renewed. The mountains are all dead."
Usage: as predicate and object; refers to rapid changes
Structure: combined idiom
Example: With the update of computers. With each generation, it has more and more functions.