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| Streets of china Photo by zhang kaiyv from Pexels |
Maxim Group Companies vice president Zvi Sperling has been working in the lighting industry for over three decades. Zvi Sperling is in charge of sales and finance for the Maxim Group but also has other far-reaching responsibilities in the organization, including coordination with Chinese manufacturers for well-known brands.
“Made in China 2025” is a series of reforms and investment strategies designed to place China in a position to match and eventually surpass the technological capacity of the world’s top manufacturers. The plan is not without its shortcomings, however, since long-established government subsidies and inadequate quality and pollution standards are hurting the Chinese by stunting the growth of small businesses and curtailing innovation.
At this rate, university studies estimate that China will take around 35 years to become the manufacturing superpower it aspires to be. Still, China remains a solid option for the manufacture of many popular brands, and China’s manufacturing quality is steadily improving.
