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"We had a paying ratio of 3.6percentt in the second quarter of 2018, which is still very low compared to the paying ratios of online games and video services in China and other online music services globally as quoted by iResearch, which indicates significant growth potential," the company wrote.
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Some argue that US pay ratios are more like 70 to one when only cash remuneration is taken into account.
Many private companies also already tally pay ratios, often for big businesses that want to know how much to pay their chief executives.
Among the bill's expansive list of regulations was a requirement that corporations disclose pay ratios between their highest and median pay-level employees--a kind of recognition that excessive executive pay is a major driver of income inequality.
The taskforce said a "snapshot" pay ratio could lead to misleading comparisons and create perverse incentives.
The free vs. paid ratio in the U.S. iPhone App Store is 11x, but in China it's 50x.
The CEO-to-worker pay ratio list is full of such examples.
In the short run this actually lowers your ability to pay ratio.
Not all investors endorse the idea of pay ratios.
On pay ratios, the report said that "although well-intentioned, snapshot pay ratios by themselves have the potential to create misleading comparisons and perverse incentives".
But she should not be swayed by the naysayers on pay ratios and binding votes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com