The rapid development of new display technologies, the upgrading and leap of the display industry, and the continuous emergence of multi-functional displays add color to digital life continually and make outstanding contributions to China's digital economy. This article provides an overview of the development status, latest research achievements, future development directions of display technology both domestically and internationally, as well as issues such as the lack of independent core display materials, severe dependence on foreign industrial support, and the need to improve the mass production process of new generation production factories. Suggestions are also proposed to ensure the advantageous position of China's display industry.