Abstract:Prof. Andre Geim and Dr. Konstantin Novoselov, both from School of Physics and Astronomy, University of Manchester, won Nobel Prize of Physics in 2010 in virtue of their great contributions to the discovery of graphene. In the past six years, great progress in preparation of graphene has been achieved, which has also demonstrated many excellent properties in a wide range of application areas. The present paper reviewed the progress in preparation and application of graphene. It is found that graphene can bring us a lot of possibilities and may turn our future lives better, and Prof. Geim and Dr. Novoselov really deserve this year's Noble Prize in Physics.