The present disclosure discloses liquid crystal panel with short response time and display device. The first pixel electrode and the first common electrode of the liquid crystal panel are respectively provided on the two disparate substrates and corresponding to each other. The second pixel electrode and the second common electrode provided on the first substrate and/or the second substrate with an interval, which are projected between the first substrate and the second substrate, and the second pixel electrode and the second common electrode are insulated from the first pixel electrode and the first common electrode. When the liquid crystal is in the rising state, it only applies voltage to the first pixel electrode and the first common electrode. When the liquid crystal is in the falling state, it only applies voltage to the second pixel electrode and the second common electrode.