Disclosed are a method and device for transmitting a power saving signal, the method includes: sending, by a network device, a power saving signal to a terminal device, wherein the power saving signal comprises a first sequence, the first sequence is used to indicate at least part of identification information related to the terminal device, and/or the first sequence is used for the terminal device to perform time-frequency synchronization; wherein the identification information related to the terminal device comprises: an identity of a device group which the terminal device belongs to, a device identity of the terminal device, and Physical Cell Identification (PCI) information of a cell where the terminal device resides.