According to the Bidding Law of People's Republic of China (PRC) and the Bidding Regulations of Beijing, foreign companies can participate in the bidding of insurance companies such as Beijing, but they need to meet certain conditions. Foreign companies need to set up branches or offices in Beijing, and have the corresponding qualifications and credibility to participate in the bidding of Beijing insurance companies. At the same time, foreign companies also need to abide by relevant laws, regulations and rules in bidding for Beijing insurance companies to ensure the legality and fairness of bidding activities.
Bidding means that bidders with competitive relations need to submit their bidding documents before the specified deadline, including technical plans, prices and other related information for the tenderer to review and compare.