Other contenders for the award are directors Bong Joon-ho ("Snowpiercer), Hirokazu Koreeda ("Like Father, Like Son"), Tsai Ming Liang ("Stray Dogs") and Wong Kar Wai ("The Grandmaster").
"Ilo Ilo" actress Yeo Yann Yann has also been nominated for Best Supporting Actress at the AFA for her performance in Chens hit film.
Acclaimed Hong Kong filmmaker Peter Chan will serve as Jury President of the AFA this year and head a panel of film professionals that will select the winners.
Jurors include Hong Kong action star Donnie Yen and Singapore director Eric Khoo.
This years AFA is the first to be organised by the Asian Film Awards Academy (AFA Academy), instead of the Hong Kong International Film Festival Society, which has organised the awards for the past seven years.
The AFA Academy is chaired by Dr Wilfred Wong, chairman of the Hong Kong International Film Festival Society.
Other committee members include Lee Yong-Kwan, the Director of the Busan International Film Festival, and Yasushi Shiina, the Director General of the Tokyo International Film Festival.
(Uu.H-AK)
Editor: Priyambodo RH
Copyright © ANTARA 2014