This study performs the spatial Durbin model (SDM) and threshold model to analyze the efficiency of agricultural green production following technological progress from 1998 through 2019. The SDM supports a nonlinear contribution of technological progress spillover to agricultural green total factor productivity (GTFP), exacerbated by upgrading agricultural structure. Moreover, the threshold model confirms that technological progress has a single threshold effect on agricultural GTFP with the rationalization of the agrarian system as a threshold variable; meanwhile, the contribution of technological progress to agricultural GTFP is less than that of agricultural total factor productivity. Out of the expanded application of dissipative structure theory in agricultural GTFP systems innovatively, this study reveals the urgency to strengthen the innovation of independent technology, lower the threshold for introducing technology, and optimize the agrarian structure in the long-term sustainable agriculture for the economies that are undergoing a similar development stage as China.

This paper explores the change of enterprises’ investment following the financing system reform through the established stochastic investment model. In this constructed model, financing property, market-oriented reform, and government intervention are regarded as a stochastic process. Furthermore, the modern China’s economic situation is interpreted to analyze the enterprises’ investment by government intervention plan combined with he deduced proposition from the stochastic investment model. The results provide a depth understanding for characteristics of the enterprise in China that the steady capital of state-owned enterprises’ investment is higher than that of non-state-owned enterprises without government intervention before completing financing reform. Although government intervention can increase the investment level of state-owned enterprises, doing so increases the turbulence of the market economy. Additionally, the impact of government-led financing reform on enterprises’ investment is asymmetrical. Promoting market-oriented, clear-cut financing reform, and reducing government-led investment plans will improve enterprises’ investment efficiency and stabilize China’s economic development. The present paper provides a specific future orientation of China’s financing reform determining the level of enterprises’ investment.