A bit late on picking this story up but...
The Taipei Golden Horse Film Festival (台北金馬影展) has announced the results of its survey of the "100 Greatest Chinese-Language Films".
122 industry professionals took part in the survey, including film scholars, festival programmers, film directors, actors and producers. However the majority of the voters orginate from Taiwan, which likely skewed the results.
01. A City of Sadness (悲情城市); dir. Hou Hsiao-hsien (侯孝賢), 1989
02. A Brighter Summer Day (牯嶺街少年殺人事件); dir. Edward Yang (楊德昌), 1991
03. A Time to Live and a Time to Die (童年往事); dir. Hou Hsiao-hsien (侯孝賢), 1985
04. Days of Being Wild (阿飛正傳); dir. Wong Kar-wai (王家衛), 1990
05. Spring in a Small Town (小城之春); dir. Fei Mu (費穆), 1948
06. Crouching Tiger, Hidden Dragon (臥虎藏龍); dir. Ang Lee (李安), 2000
07. Yi Yi: A One and a Two (一一); dir. Edward Yang (楊德昌), 2000
07. Dust in the Wind (戀戀風塵); dir. Hou Hsiao-hsien (侯孝賢), 1986
09. Dragon Inn (龍門客棧); dir. King Hu (胡金銓), 1967
09. In the Mood for Love (花樣年華); dir. Wong Kar-wai (王家衛), 2000
Full List Here.