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This invention discloses a ferroelectric liquid crystal composition comprising a first component and a second component. The first component contains one or more compounds of general formula I, and the second component contains one or more compounds of general formula II. The ferroelectric liquid crystal composition has the advantages of high transmittance, high contrast, large phase transition range, small pitch, and high spontaneous polarization intensity. This invention also provides a display device comprising the ferroelectric liquid crystal composition.