In this paper, the nonlinear dynamic system of microbe continuous fermentation products 1,3-propanediol (1,3-PD) is rewritten by improving the specific cellular growth rate, specific substrate consumption rate and specific product formation rate. Firstly, under the condition of substrate glycol excess and active trans-membrane transport, according to the dynamic behavior the fermentation process, we consider the glycerol and 1,3–PD concentration within the cell, and improve the specific cellular growth rate, specific substrate consumption rate and specific product formation rate, then rewrite the dynamic system of microbial continuous fermentation process. Secondly, taking the dynamic system as main constraint condition, we establish the parameter identification model and prove the existence of the optimal solution. Lastly, the numerical results calculated by particle swarm algorithm show that the improved model is suitable for describe the dynamic behavior of 1,3-PD, but is not accurate enough for by-products.