The invention provides a liquid crystal display panel. The liquid crystal display panel comprises a first substrate, a second substrate, a liquid crystal layer, a prism assembly, a reflector assembly,a spectroscope assembly, a camera assembly and a camera light source, wherein the liquid crystal display panel comprises a display mode and a photographing mode. According to the liquid crystal display panel and the manufacturing method thereof provided by the invention, the prism assembly, the reflector assembly and the spectroscope assembly are arranged between the first substrate and the second substrate in the camera area of the liquid crystal display panel, the camera light source is additionally arranged on the back side of the second substrate, and in a display mode, the camera light source penetrates through the second substrate and then sequentially passes through the spectroscope assembly, the prism assembly and the reflector assembly and then passes through the first substrate,so that color type and bright and dark picture display are realized; in a photographing mode, an external light source penetrates through the first substrate and then sequentially passes through theprism assembly, the reflector assembly and the spectroscope assembly, then penetrates out of the second substrate and is transmitted into the camera assembly, and the camera assembly realizes a photographing function.