1. A luminance adjustment method for RGBW liquid crystal display (LCD), comprising the following steps of: Step 1: providing a RGBW LCD, obtaining the maximum luminance value, a default first luminance threshold, a default second luminance threshold, and a default gamma value of the RGBW LCD, the default second luminance threshold being greater than the default first luminance threshold; Step 2: based on the default first luminance threshold, the default gamma value, and a default first electro-optical transfer function (EOTF), computing to obtain a grayscale value corresponding to the first luminance threshold, and defining the grayscale value as a grayscale threshold; Step 3: based on the maximum luminance value of the RGBW LCD, the grayscale threshold computed in Step 2, the default first EOTF, and a default second EOTF, generating a grayscale luminance lookup table for the RGBW LCD; within the grayscale interval from 0 grayscale value to the grayscale threshold, the relation between grayscale and luminance in the grayscale luminance lookup table being corresponding to the first EOTF; within the grayscale interval from the grayscale threshold to 255 grayscale, the relation between grayscale and luminance in the grayscale luminance lookup table being corresponding to the second EOTF; within the interval of the second luminance threshold and the maximum luminance value, the slope of the curve of the second EOTF being greater than the slope of the curve of the first EOTF; Step 4: based on the grayscale luminance lookup table generated in Step 3, adjusting the luminance of the RGBW LCD.