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had stressed that it is not directly aimed against theinterests of China, despite the significant trade disputesbetween the two countries.Ministry of Commerce was also constantly listeningto the views of the various Chinese industriesthat could be affected by it.The 17th round of TPP negotiations was held inLima, Peru, and ended on May 24, and it was reportedthat its negotiators from the participatingcountries – Australia, Brunei Darussalam, Canada,Chile, Malaysia, Mexico, New Zealand, Peru, Singapore,Vietnam and the US – had made progressacross the agreement, including comprehensive tariff-reductionpackages.In his reply, Shen disclosed that China had alwaysattached importance to the role of the TPP, andhad tracked the progress of its negotiation. TheHe stressed that China believes that the trade treatydiscussions should be "open, inclusive and transparent,"especially in their treatment of the diversity ofAsian countries at different levels of development.He confirmed that China would, subject to "theprinciples of equality and mutual benefit," analyzethe advantages and disadvantages and the possibilityof joining the new trade treaty. In the meanwhile,he hoped that the TPP's present memberswould continue to share information and datawith China on the progress of their talks.60