Usually its the 3TF list, of Tibet, Taiwan, Tiananmen and Falun Gong. There are other occasional topical words that are added, such as early last year Jasmine, including Jasmine tea being banned and just before that in late 2010, references to the Nobel Peace Prize.
The list itself was really short, it was more interesting for the fact that our video game streams would be watched closely and that we would get kicked out of the country, than for it's content.
We called it "the Ts", off the top of my head the banned words/topics were Taiwan (call it "Chinese Taipei"), Tiananmen, Tibet.. and there were two others, both (I think) beginning with the letter T.