A voltage conversion circuit includes an N-level conversion unit and N-1 DC-DC conversion units. The N-level conversion unit includes N output terminals at different levels. A first input terminal of the Mth DC-DC conversion unit is connected to the Mth output terminal of the N-level conversion unit, and a second input terminal of the Mth DC-DC conversion unit is connected to an (M+1)th output terminal of the N-level conversion unit. An output level of the Mth output terminal and an output level of the (M+1)th output terminal are adjacent levels. N and M are positive integers and satisfy N ≤ 3 and 1 ≥ M