This paper reports the current situation of Guangdong’s equipment manufacturing industry，and presents comprehensive and careful analyses on the heterogeneity of foreign capital by calculating location quotients、inclining indexes of FDI to industries，and so on. It was founded that equipment manufacturing industry made a great contribution to the overall industries in Guangdong，and all regions had their own comparative advantages. Meanwhile，the inflows of heterogeneous foreign capital，classified as foreign capital and HMT capital，showed that there were many differences in both industries and regions. Finally，relevant policy suggestions were put forward accordingly.