The invention provides a valve electro-hydraulic driving system and method for achieving Miller cycle of an engine. A crankshaft position sensor is connected with an ECU, the ECU is connected with a two-position three-way electromagnetic valve and a normally-open electromagnetic valve, the two-position three-way electromagnetic valve is connected with a high-pressure oil tank, a low-pressure oil tank and a conical slide valve, a feedback piston cylinder is fixed to a main piston cylinder, a feedback piston and a main piston are fixedly connected through a piston rod, the main piston is connected with an inlet valve, a spring is installed between the main piston and the main piston cylinder below the main piston, the conical slide valve is connected with an upper feedback cavity, a main upper cavity and a main lower cavity, a limiting hole is formed in the main lower cavity, the normally-open electromagnetic valve is connected with the upper feedback cavity, and the limiting hole and the normally-open electromagnetic valve are connected with the low-pressure oil tank through the same pipeline. The system and method are used for achieving Miller cycle of the engine, and technology universality and transferability are high.