Led by Zheng, Guangzhou became the first Chinese winners of the AFC Champions League on Saturday, pipping FC Seoul on away goals.
FC Seoul's Ha Dae Sung and Esteghlal midfielder Javad Nekonam of Iran have also been nominated in the Player of the Year category.
Guangzhou's Argentine recruit Dario Conca and his Brazilian team mate Muriqui have been nominated in the Foreign Player of the Year category along with FC Seoul's Motenegro forward Dejan Damjanovic.
Muriqui will be eyeing a treble of honours, having already scooped the AFC Champions League's Most Valuable Player and Top Goalscorer awards.
The awards will be presented at a Nov. 26 ceremony in Kuala Lumpur.