With the development of mobile Internet and the popularization of intelligent terminal devices in recent years，micro film and short video has emerged as a new medium and communication force. In 2018，the development of micro film and short video presents three highlights，namely，micro film and short video has become a new front for publicity，deeply affected the public opinion ecology and media landscape home and abroad，and provided new power for audio-visual products on the Internet. Thanks to continuous strengthening of national governance，micro film and short video has been developing in a standardized manner. Co-driven by relevant policies，industries and technologies，micro film and short video will develop in a new and all-round way in the future，showing three major development trends，namely，first，the creation and production of micro film and short video will continue to prosper to deliver more social and cultural benefits；second，the industrial model will mature gradually to further release economic value；third，the system construction will be pushed forward to further improve the development environment.