A current limiting circuit, comprising a switching circuit and a voltage stabilizing circuit. The switching circuit is separately connected to a voltage input terminal VIN and a voltage output terminal VOUT, and used for transmitting an input voltage to the voltage output terminal VOUT from the voltage input terminal VIN; and the voltage stabilizing circuit is separately connected to the switching circuit, the voltage input terminal VIN, and the voltage output terminal VOUT, used for controlling an output current to reduce together with the switching circuit when the output current of the voltage output terminal VOUT is increased and the output current is less than a preset output current, and further used for controlling the output current to be zero together with the switching circuit when the output current of the voltage output terminal VOUT is greater than or equal to the preset output current.