A liquid crystal display panel, a driving method and a fabrication method thereof, and a display device are disclosed. The liquid crystal display panel includes first and second substrates and a PDLC layer therebetween. The PDLC layer is formed by a positive liquid crystal and a polymer matrix, and the positive liquid crystal is initialized to be perpendicular to the substrates. The liquid crystal display panel further includes: a first transparent electrode unit, disposed on the first substrate and connected with a switch element; a second transparent electrode unit, disposed on the second substrate and connected with a first voltage; a third transparent electrode unit, disposed on the first and second substrates. The third transparent electrode unit includes a plurality of third transparent electrodes, each of which has a preset height and connected with a second voltage with a polarity opposite to that of the first voltage.