Funny you should ask - I'm Chinese so I watch quite a few Chinese films, and my recent favourites have been...
- Running On Karma
- Infernal Affairs (not counting any of the sequels, though)
- One Nite In Mong Kok
- Jiang Hu
- Elixir of Love
- Anna In Kung Fu Land
- Enter the Phoenix
I actually have very low standards for most Chinese films. All that I ask is that it makes sense. If it doesn't make sense, then at least be really funny. House of Flying Daggers is neither.