Traditional Culture Encyclopedia - Hotel accommodation - Does the closure of Jiaxing Jiayuan affect Jiaxing's economy?

Does the closure of Jiaxing Jiayuan affect Jiaxing's economy?

Have an impact. If the company is an important part of Jiaxing's economy, its bankruptcy may lead to certain economic losses and employment pressure. If the bankruptcy of this company triggers a chain reaction of other enterprises, it may also have a certain impact on Jiaxing's economy. If the company's influence is small, its impact on Jiaxing's economy may be limited.