Due to the unreliability of the mechanical seal of the mechanical stirring reactor in traditional carbonyl synthesis reactions, a gas–liquid jet bubbling reactor has been developed that is a new type of hydraulic stirring. A cold model device was constructed to address the complex flow field characteristics of a gas–liquid jet bubbling reactor, and a gas–liquid phase testing method was established to obtain the gas–liquid phase flow parameters in the cold model device. A mathematical model of a cold model device was established based on computational fluid dynamics. The reliability and accuracy of the calculation model were verified by combining experimental data of the cold model device, and the gas–liquid two-phase flow characteristics of an industrial grade reactor were obtained. The multiscale characteristics of gas–liquid two-phase signals in industrial reactors and the multiscale gas–liquid two-phase interactions were analyzed by combining wavelet analysis, power spectrum analysis, and fractal analysis. Based on the multiscale gas–liquid interaction mechanism model of gas–liquid interaction, the liquid phase interaction in d1-d6 inside the reactor was increased. The gas–liquid mass transfer process was enhanced, and the liquid level fluctuation and temperature difference of industrial grade reactors were significantly reduced.