1. Economic impact: The real estate industry is one of the important pillar industries in Mengcheng County. The closure will lead to a large number of unemployment and income reduction, which will have an impact on the local economy, as well as related industries such as construction, decoration and furniture.
2. Environmental impact: The closure of the real estate industry leads to the stagnation of unfinished construction projects, resulting in waste of resources and environmental pollution. At the same time, the shutdown site has also become a safety hazard.