The invention provides a liquid crystal composition with high transmittance. The liquid crystal composition contains at least one or more of compounds represented by general formula I shown in the description and at least one of compounds represented by formula II shown in the description. The liquid crystal composition has the characteristics of low viscosity, high resistivity, good low temperature intersolubility, fast response speed and excellent transmittance, and can be used in fast response liquid crystal display with multiple display modes. FFS and IPS are most mainstream display modes at present, but the problem of low transmittance of the FFS and the IPS is a key problem to be solved. A result of experiments shows that the liquid crystal composition with large dielectric strength has high transmittance, so the brightness is improved without increasing the electric energy consumption. The liquid crystal composition provided by the invention has large dielectric strength, and effectively improves the transmittance of liquid crystal displays, and especially the displays in the FFS and IPS display modes.