Vicky Chen, 14, was nominated at the Golden Horse Film Awards for her role in The Bold, The Corrupt and The Beautiful.
Her co-star, Hong Kong veteran Kara Wai, won the best actress gong, which Chen was also nominated for.
The awards are held annually in Taiwan and are open to Chinese-language films.
The Bold, The Corrupt and The Beautiful, a crime drama centred around a wealthy family, was nominated in seven categories and won in three, including best film.
Chen was also nominated for best actress for her role in Angels Wear White. She plays a hotel maid who witnesses a sexual assault and grapples with the decision of reporting it.
Despite losing to Wai in that prize, she beat two former best actress winners in the best supporting actress category.