Color is not claimed as a feature of the mark.
The mark consists of stylized Chinese letters above the stylized words "CHINESE PANDA FESTIVAL".
The non-Latin characters in the mark transliterate to to "Zhong", "Guo, "Xiong", "Mao", "Jie" and this means "centre/middle", "country/state", "bear", "cat", "festival" in English.
The English translation of "Zhong Guo; Xiaong Mao" in the mark is "China; Panda".