Abstract:The realization of value in ecological products plays a pivotal role in the context of the "Two Mountains Theory." It necessitates the establishment of mechanisms for assessing the value of ecological products and the selection of appropriate approaches for value realization tailored to local conditions. The Ministry of Natural Resources in China has launched three rounds of typical case studies to promote diverse demonstrations of value realization across various regions. These cases can be classified into four primary modes: ecological industrialization management, ecological resource indicators and property rights trading, eco-compensation, and ecological restoration and value promotion. This paper employs an empirical analysis, utilizing text word frequency data from these cases and employing the stochastic forest analysis method. The study summarizes the facets of natural capital, ecological services, and the engagement of stakeholders within each distinct mode. The results of this analysis reveal that the ecological industrialization management mode is primarily employed in cultivated land contexts. This mode effectively encourages the participation of farmers and other agricultural businesses in the production of ecological products, ultimately enhancing the productivity of cultivated land for such products. In contrast, the ecological resource indicators and property rights trading mode are predominantly utilized in forested areas. Through property rights transactions, this mode serves as a means to align the interests of both the public and private sectors while regulating the services provided by forest land. The eco-compensation mode primarily serves the purpose of water area protection. By instituting an eco-compensation mechanism that bridges the interests of beneficiaries and protectors, this mode contributes to the enhancement of the regulation and supply of water resources. Lastly, the ecological restoration and value promotion mode emerges as particularly advantageous for the conservation of abandoned industrial and mining land. This mode typically involves cooperative efforts between government entities and market stakeholders. Furthermore, the mechanism that aligns the ecological interests of various stakeholders, including the government, farmers, enterprises, and collectives, plays a crucial role in establishing a comprehensive system. In practical implementation, the promotion and application of ecological product value models need to be context-specific, considering particular scenarios and variable factors. The empirical insights derived from this research provide valuable guidance for the formulation of incentive policies aimed at realizing the value of ecological products in contexts with similar backgrounds. A future research avenue in the realm of ecological product value realization patterns involves amalgamating a broader spectrum of representative practical cases and leveraging data processing technologies such as machine learning.