Embodiments of the present invention provide a dedicated pilot decoding method and a user equipment. The method includes: determining a set of a dedicated pilot's channelization codes; receiving downlink control information sent by a base station; determining, according to the downlink control information, a dedicated pilot's channelization codes from the set of a dedicated pilot's channelization codes; and using the dedicated pilot's channelization codes to decode a dedicated pilot. The embodiments of the present invention may implement determining of a dedicated pilot's channelization codes and decoding of a dedicated pilot.