Soil moisture changes affect the dynamics of plant biomass and non-structural carbohydrates (NSC), and different species have different response strategies. In the alpine meadow of Dongda Mountain in Southeast Qinghai-Xizang Plateau, 5 quadrats were set up respectively along the soil moisture gradient and experimental materials were collected by total harvest method. The NSC concentration was determined by modified phenol concentrated sulfuric acid method. The relationships between the biomass, NSC and soil moisture content of two Carex species were analyzed by One-way ANOVA, Two-way ANOVA, principal component analysis and polynomial fitting. The results showed that the root biomass of C. alatauensis, stem biomass of C. parvula and leaf, above-ground, below-ground and total biomass of two species were significantly positively correlated with soil moisture content (R 2 = 0.17-0.68, P < 0.05). The NSC, soluble sugar (SS) and starch (ST) concentrations in roots and whole plant of C. parvula all increased significantly with the increase of soil moisture content (R 2 = 0.17-0.48, P < 0.05), while those in roots and whole plant of C. alatauensis showed peak and valley curve respectively (R 2 = 0.32-0.64, P < 0.05). The NSC and SS concentrations in stems and leaves of C. parvula showed unimodal curves respectively (R 2 = 0.68-0.88, P < 0.01), while those of C. alatauensis showed single valley curve patterns (R 2 = 0.28-0.75, P < 0.05). The dry matter (DM) allocation of NSC in leaves of both species was the lowest, and the DM NSC, DM SS and DM ST in organs and whole plant were significantly positively correlated with soil moisture content (R 2 = 0.18-0.64, P < 0.05), except those in roots and leaves of C. alatauensis. The SS concentration and DM ST in roots of C. parvula were the main contribution indexes to soil moisture changes, and the SS/ST in stems and leaves were increased with the decrease of soil moisture. The SS concentration and DM ST in leaves of C. alatauensis are the main contribution indexes to soil moisture changes, and the comprehensive control of DM NSC accumulation in stems and increased SS/ST in leaves was functioned to combat habitat drought.