A method for measuring and feeding back channel state information and a device is provided. The method includes: sending, by a first network side device, channel state information (CSI) measurement configuration information to user equipment, where the CSI measurement configuration information includes coordination indication information indicating that the first network side device and at least one second network side device are in a coordination relationship, receiving, by the user equipment, the CSI measurement configuration information from the first network side device, performing measurement based on the CSI measurement configuration information, and feeding back at least one group of CSI to the first network side device based on the measurement configuration information. Accuracy of fed back content and further facilitating scheduling of a base station is improved.