Also known as Huo Yuan Jia, it's the highly fictionalised account of the aforementioned Huo Yuanjia who starts out wanting merely to be the local kung fu champion, and later goes on to inspire the nation in the early part of the 20th Century, when the West was calling China the "weak man of the East".
It's a Jet Li film, so there's a lot of martial arts, and it all looks pretty good. But there's also a surprisingly good story in there. And Jet Li can act! Who knew?