“商品” (shangpin) is a Chinese term that translates to "goods" or "products" in English. It refers to items that are produced for sale or trade in the market. These can include a wide range of items, from food and clothing to electronics and household goods. The concept of 商品 is essential in economics, as it represents the tangible items that fulfill consumer needs and wants. In a commercial context, 商品 can be categorized into various types, such as consumer goods, durable goods, and services. Each category serves different purposes and markets. Understanding 商品 helps businesses and consumers make informed decisions about purchasing and selling, contributing to the overall economy.