Sou Hu Cai Jing·2025-09-26 05:00Core Insights - The article discusses the cross-regional development of listed companies in China from 2000 to 2024, focusing on the impact of local chambers of commerce on corporate expansion [1][2]. Data Overview - The study encompasses 5,700 enterprises and over 68,000 samples, providing original data, calculation codes, and final results for verification [2]. - The methodology is based on the number of newly established subsidiaries in different regions as a measure of corporate development [1]. Methodology - The research utilizes data from the CSMA database and company annual reports, focusing on subsidiaries where the parent company holds more than 50% ownership [1]. - New subsidiaries are defined as those that the parent company owns in the current year but did not exist in the previous year, ensuring the analysis reflects recent developments [1]. Reference and Validation - The findings are supported by references to previous studies, particularly by Cao Chunfang and Jia Fansheng, which provide a theoretical framework for understanding the relationship between local chambers of commerce and corporate growth [2].