Chinese society is believed to have had its beginnings sometime around 3000 BCE. Legend has it that from about 2700 to about 2400 BCE,there reigned a series of five emperors. According to various accounts they were all incredibly exemplary beings and moral exemplars. One of them, the Yellow Emperor is claimed to be the ancestor of all Chinese people. The rest of China's early history, like that of Early Egypt is general broken up into periods of dynasties. Beginning with the Xia Dynasty.