The invention discloses an FFS (Fringe Field Switching) type TFT-LCD (Thin Film Transistor Liquid Crystal Display) array substrate and a manufacturing method thereof. The method comprises the following steps of: depositing a first metal film on a transparent substrate, and forming a pattern comprising a grid line, a grid electrode and a common electrode line through a first pattern composition process; depositing a grid insulating layer, an active layer film and a second metal film, and retaining the active layer film and the second metal film in a data line region, a source electrode region,a drain electrode region and a TFT channel region through a second pattern composition process; depositing a first transparent conducting film, and forming a pattern comprising a source electrode, a drain electrode, a TFT channel and a pixel electrode through a third pattern composition process; and depositing a passivation layer, forming a pattern comprising a connecting hole through a fourth pattern composition process, carrying out photoresist ashing process, depositing a second transparent conducting layer, and forming a pattern comprising a common electrode through an off-ground stripping process. The invention can reduce the excessive etching degree of the TFT channel and can ensure the display performance of a liquid crystal display.