The invention discloses a cargo circulation lifting method and an electromagnetic power generation method of cargo circulation lifting which both adopt a cargo circulation lifting device. The cargo circulation lifting device comprises a transmission mechanism, a detection mechanism and a plurality of storage mechanisms. The transmission mechanism includes an annular transmission belt, each storagemechanism includes a storage box, the detection mechanism includes detection units which generate a plurality of inventory signals and indicator units which generate a plurality of floor demand signals and floor location signals according to the floor F on which each storage box is located and the floor F of a building to be reached. The cargo circulation lifting method comprises the stepsthat S1, storage boxes in which cargos are stored in the multiple storage boxes are judged; S2, the distance j is calculated according to the distance j=|F-F|, and the distance j is arranged from smallest to largest in sequence; and S3, displacement I is calculated according to the displacement I=F-F, the ascending and descending order of the storage boxes is arranged from the smallestto the largest according to the distance j to enable the storage boxes to move the corresponding displacement i and reach the floor F of the building and enable the transmission belt to stop rotating.