This invention discloses a light-emitting device and a display panel. The light-emitting device includes a first
electrode, a second
electrode, at least two stacked light-emitting structural
layers, a charge-generating layer, and an
ion-blocking and
electron-transporting layer; wherein the second
electrode is disposed opposite to the first electrode; the light-emitting structural layer is located between the first electrode and the second electrode; the charge-generating layer is located between the two light-emitting structural
layers; and the
ion-blocking and
electron-transporting layer is located between the charge-generating layer and the
electron-transporting and injection layer of the light-emitting structural layer. In this invention, under high-temperature operation, the
ion-blocking and electron-transporting layer can prevent ions in the charge-generating layer from diffusing into the electron-transporting and injection layer, avoiding interference with
electron injection and transport, preventing holes and electrons from diffusing or interacting with each other, and also improving the efficiency of electron transport from the charge-generating layer to the electron-transporting and injection layer. While improving the luminous brightness, it effectively stabilizes and reduces the driving
voltage of the light-emitting device during operation.