In the context of urbanization,Festival customs still play an important role in village development.Through the case study of Lantern Festival in Li Zhuang,this article analyzes the function of festival customs from the dimensions of daily life and collective memory,and finds that the daily life and the collective memory of the village have been reproduced in the practical process of folk customs,and at the same time,the reproducing process reflects the villagers’ action logic that intertwines sensibility and rationality as well as their seeking of the ontological value of the village.Therefore,in the context of urbanization,the form and path of the village change is not only affected by social transformation,but also depends on villagers’ construction of the village’s function and significance.