Provided is a circulating lifting device. A transmission device is installed on ground, a reversing device is installed on another fixed object, and two chains connect the transmission device and the reversing device. A rotating shaft is connected with the two chains. A moving box is installed on the middle part of the rotating shaft in a vertical oscillating manner. Driven by the transmission device, the device realizes circulation, roundtripping, carrying, loading and unloading, and storage of personnel, materials and goods, and materials. The device is formed by the transmission device, the reversing device, a carrying device, and a stabilizing device. The circulating lifting device has four types. The types are a basic circulating lifting device, an energy-efficient circulating lifting device, a comprehensive circulating lifting device, and an efficient circulating lifting device. The common characteristics are that through changing the structure, the number, and operating methods (circulating or reciprocating motion), circulating paths of the moving box, and changing placing methods (vertical, inclined, horizontal, reversed inclined, and reversed) of the moving boxes, the device has new purposes and becomes a new product. Mechanical equipment manufactured according to principles of the equipment has characteristics of high efficiency, energy conservation, land saving, and cost saving, and the equipment is suitable for automation production in large batch.