It was 12 years ago today that we celebrated my eldest's 1st b-day.
Growing up, my DH's family didn't celebrate b-days much. The big baby celebration was the 1 month party & that was it.
I've heard of some Chinese-style celebrations where they put things for the child to grasp and then that points to a future career - but I think that was mainly for rich people. DH said when he was growing up sometimes they got to have an egg for breakfast on their b-days, and sometimes they had long-noodles (for long life).
The b-days we give for our kids are mostly Euro-American style, 'cause I would feel a bit let down if all we did was give our children bowls of noodles.
To celebrate my eldest's 1st b-day, I made a cake, bought a golden paper crown & some presents. I invited some friends w/ young kids/babies over in the early afternoon and drank coffee or wine and let the babies play for an hour or so and then put the crown on her head, lit a candle o& put it on the cake and sang the birthday song in 3 languages (English, Cantonese, & Putonghua).
What options are you and your partner considering? My DH and I almost always favor the low-key, relaxed option. YMMV.