Well this is what i know the Chinese Dragon Boat Festival is a significant holiday celebrated in China, and the one with the longest history. The Dragon Boat Festival is celebrated by boat races in the shape of dragons. Competing teams row their boats forward to a drumbeat racing to reach the finish end first. The boat races during the Dragon Boat Festival are traditional customs to attempts to rescue the patriotic poet Chu Yuan. Chu Yuan drowned on the fifth day of the fifth lunar month in 277 B.C. Chinese citizens now throw bamboo leaves filled with cooked rice into the water. Therefore the fish could eat the rice rather than the hero poet. This later on turned into the custom of eating tzungtzu and rice dumplings. The celebration's is a time for protection from evil and disease for the rest of the year. It is done so by different practices such as hanging healthy herbs on the front door, drinking nutritious concoctions, and displaying portraits of evil's nemesis, Chung Kuei. If one manages to stand an egg on it's end at exactly 12:00 noon, the following year will be a lucky one. well i hope you understand now "cowboy"

The Dragon Boat Festival is celebrated on the fifth day of the fifth moon in memory of an ancient Chinese poet who committed suicide by jumping into a river rather than compromise his honour. His name is Qu Yuan .He is a scholarly government official . He was a good and respected man, but because of the misdeeds of jealous rivals he eventually fell into disfavor in the emperor's court. 　　Unable to regain the respect of the emperor, in his sorrow Chu Yuan threw himself into the Mi Low river. Because of their admiration for Chu Yuan, the local people living adjacent to the Mi Lo River rushed into their boats to search for him while throwing rice into the waters to appease the river dragons. Although they were unable to find Chu Yuan, their efforts are still commemorated today during the Dragon Boat Festival. The festival has developed into a joyous event characterised by dragon boat races and rice dumplings wrapped in lotus leaves. Happy Dragon Boat Festival

It's commemoration day for a Chinese patriotism poet Qu Yuan