A liquid crystal device is disclosed. The liquid crystal device includes a TFT array substrate, a CF substrate, and a liquid crystal layer. The TFT array substrate includes a first electrode layer and a first alignment layer covering the first electrode layer, and a black matrix and a photo spacer arranged thereon. The CF substrate includes a second electrode layer and a second alignment layer covering the second electrode layer. The liquid crystal layer is arranged between the first alignment layer of the TFT array substrate and the second alignment layer of the CF substrate. In addition, a manufacturing method of the liquid crystal device is disclosed. In this way, the liquid crystal devices have good alignment effects, and the color shift issues at wide viewing angle and the aperture rate are enhanced.