The invention relates to a liquid crystal display comprising two glass substrates, two transparent electrode layers, and an AM-TFT substrate including the second glass substrate and the second transparent electrode layer, wherein the second transparent electrode layer includes a pixel electrode and an AM-TFT, and the AM-TFT is disposed on the second glass substrate and connected to the pixel electrode; the first and second glass substrates are spaced apart up and down; the first and second transparent electrodes are oppositely disposed between the first and second glass substrates; a molding frame is arranged around the first and second transparent electrodes; a sealing cavity is formed between the molding frame and the first and second transparent electrodes; a vertical alignment orientation layer is disposed on the first transparent electrode layer and in a serrated or wavy shape; a parallel alignment orientation layer is disposed on the second transparent electrode layer; liquid crystal is filled in the sealing cavity; and the two polarizers are respectively disposed on the outer sides of the first and second glass substrates. The product provided by the invention can realize high resolution, high contrast, fast response speed, low power consumption, high temperature and high humidity environment resistance, basically no electricity when maintaining information display, andonly power consumption when refreshing display content.