In the olden days many Chinese houses use to have Door Guards like the one in the picture above to protect their house from evil spirits which may be wandering around.
The lanterns which hang outside the house indicate which family is residing within the house. The lantern above shows the family name “Chen/Chan” as the owner of the house.
Do you find this statue familiar? It can be seen in different versions outside commercial buildings all over Asia. They are suppose to be guardians which keep help the occupants of the house safe.