As the important economy city, Guangzhou City fully releases the function of capital market, which is important for Guangzhou City to enhance the quality and economic development and enhance the international competitiveness of Guangzhou. promoting the adjustment and upgrading of industrial structure is a major preoccupation. Faced the character industrial structure and the capital market environment of Guangzhou,this paper points out the methods of using capital market financing instruments,the direct financing instruments and the indirect financing instruments to upgrade industrial structure of Guangzhou. <<