The invention discloses a cargo circulating lifting device and an electromagnetic power generation mechanism adopting the same. The cargo circulating lifting device is used for transporting cargoes located on one floor of a building to the other floor of the building. The cargo circulating lifting device comprises a transmission mechanism, a detection mechanism, a controller and a plurality of storage mechanisms, wherein the transmission mechanism comprises an annular transmission belt, a driving motor, a rotating shaft and two rotating wheels perpendicular to the side surface of the building,each storage mechanism comprises a storage box and a plurality of rubber columns, the detection mechanism comprises detection units arranged in the storage boxes and indicating units installed on theside surfaces of the storage boxes. According to the cargo circulating lifting device, the transmission mechanism and the plurality of storage mechanisms are arranged so that the storage boxes can belifted to the floor needing to be reached along the transmission belt, then lifting of the cargoes is completed, the cargoes can be conveniently lifted and transported, the cargo transportation efficiency is improved, the physical labor of cargo delivery personnel is reduced, moreover, the gravity of the plurality of storage boxes on the two sides of the transmission belt is mutually balanced, then the burden of lifting is reduced, and the operation efficiency of the device is improved.