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太一生水 水反輔大一， 是以成天。[地] 天地...也， 是以成神明。 神明復相輔也， 是以成陰陽。
The Great One Gave Birth to Water. Water returned and assisted The Great One ("Taiyi"), in this way developing heaven [and Earth?]. Heaven and earth [repeatedly assisted each other?], in this way developing the "gods above and below". The "gods above and below" repeatedly assisted each other, in this way developing yin and yang.
Commentators describe Taiyi as a representation of Heaven (James Legge), an impersonal "Watery Chaos" (Kong Yingda). At least one scholar (Medhurst) interprets this as the "Supreme One", possibly Shangdi.