An in cell touch panel and a method for driving the same, and a display device are provided. A transparent conductive layer is divided into second touch electrodes and common electrodes, that is, a conventional entire common electrode layer is divided into second touch electrodes and common electrodes insulated from each other; accordingly, during a display operation, both the second touch electrodes and the common electrodes are applied with common electrode signals; and, during an touch operation, ones of the first touch electrodes and the second touch electrodes are applied with touch scanning signals while the other ones of the first touch electrodes and the second touch electrodes are coupled to the touch scanning signals and perform outputting, so that a touch function and a display function are achieved by asynchronous drivings. The second touch electrodes are manufactured such that no additional steps should be included for sole manufacture of the second touch electrode.