diff --git a/src/internal/trace/goroutines.go b/src/internal/trace/goroutines.go
index 796bc8b03c8f5b..4b4f13d2aeb712 100644
--- a/src/internal/trace/goroutines.go
+++ b/src/internal/trace/goroutines.go
@@ -187,7 +187,7 @@ func GoroutineStats(events []*Event) map[uint64]*GDesc {
 			gs[g.ID] = g
 		case EvGoStart, EvGoStartLabel:
 			g := gs[ev.G]
-			if g.PC == 0 {
+			if g.PC == 0 && len(ev.Stk) > 0 {
 				g.PC = ev.Stk[0].PC
 				g.Name = ev.Stk[0].Fn
 			}
@@ -353,5 +353,6 @@ func RelatedGoroutines(events []*Event, goid uint64) map[uint64]bool {
 func IsSystemGoroutine(entryFn string) bool {
 	// This mimics runtime.isSystemGoroutine as closely as
 	// possible.
-	return entryFn != "runtime.main" && strings.HasPrefix(entryFn, "runtime.")
+	// Also, locked g in extra M (with empty entryFn) is system goroutine.
+	return entryFn == "" || entryFn != "runtime.main" && strings.HasPrefix(entryFn, "runtime.")
 }
diff --git a/src/runtime/crash_cgo_test.go b/src/runtime/crash_cgo_test.go
index add5fee634a059..5d5eb33fde3e26 100644
--- a/src/runtime/crash_cgo_test.go
+++ b/src/runtime/crash_cgo_test.go
@@ -721,3 +721,29 @@ func TestCgoTracebackGoroutineProfile(t *testing.T) {
 		t.Fatalf("want %s, got %s\n", want, output)
 	}
 }
+
+func TestCgoTraceParser(t *testing.T) {
+	// Test issue 29707.
+	switch runtime.GOOS {
+	case "plan9", "windows":
+		t.Skipf("no pthreads on %s", runtime.GOOS)
+	}
+	output := runTestProg(t, "testprogcgo", "CgoTraceParser")
+	want := "OK\n"
+	if output != want {
+		t.Fatalf("want %s, got %s\n", want, output)
+	}
+}
+
+func TestCgoTraceParserWithOneProc(t *testing.T) {
+	// Test issue 29707.
+	switch runtime.GOOS {
+	case "plan9", "windows":
+		t.Skipf("no pthreads on %s", runtime.GOOS)
+	}
+	output := runTestProg(t, "testprogcgo", "CgoTraceParser", "GOMAXPROCS=1")
+	want := "OK\n"
+	if output != want {
+		t.Fatalf("GOMAXPROCS=1, want %s, got %s\n", want, output)
+	}
+}
diff --git a/src/runtime/proc.go b/src/runtime/proc.go
index 62e96e33aa2286..596778718aa535 100644
--- a/src/runtime/proc.go
+++ b/src/runtime/proc.go
@@ -1976,13 +1976,23 @@ func oneNewExtraM() {
 	casgstatus(gp, _Gidle, _Gdead)
 	gp.m = mp
 	mp.curg = gp
+	mp.isextra = true
 	mp.lockedInt++
 	mp.lockedg.set(gp)
 	gp.lockedm.set(mp)
 	gp.goid = sched.goidgen.Add(1)
+	gp.sysblocktraced = true
 	if raceenabled {
 		gp.racectx = racegostart(abi.FuncPCABIInternal(newextram) + sys.PCQuantum)
 	}
+	if trace.enabled {
+		// Trigger two trace events for the locked g in the extra m,
+		// since the next event of the g will be traceEvGoSysExit in exitsyscall,
+		// while calling from C thread to Go.
+		traceGoCreate(gp, 0) // no start pc
+		gp.traceseq++
+		traceEvent(traceEvGoInSyscall, -1, gp.goid)
+	}
 	// put on allg for garbage collector
 	allgadd(gp)
 
diff --git a/src/runtime/runtime2.go b/src/runtime/runtime2.go
index 284f9d395dc376..cf44156c537a1b 100644
--- a/src/runtime/runtime2.go
+++ b/src/runtime/runtime2.go
@@ -546,6 +546,7 @@ type m struct {
 	newSigstack   bool // minit on C thread called sigaltstack
 	printlock     int8
 	incgo         bool   // m is executing a cgo call
+	isextra       bool   // m is an extra m
 	freeWait      uint32 // if == 0, safe to free g0 and delete m (atomic)
 	fastrand      uint64
 	needextram    bool
diff --git a/src/runtime/testdata/testprogcgo/issue29707.go b/src/runtime/testdata/testprogcgo/issue29707.go
new file mode 100644
index 00000000000000..95964b111bd8f1
--- /dev/null
+++ b/src/runtime/testdata/testprogcgo/issue29707.go
@@ -0,0 +1,58 @@
+// Copyright 2011 The Go Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style
+// license that can be found in the LICENSE file.
+
+//go:build !plan9 && !windows
+// +build !plan9,!windows
+
+// This is for issue #29707
+
+package main
+
+/*
+#include <pthread.h>
+
+extern void* callbackTraceParser(void*);
+typedef void* (*cbTraceParser)(void*);
+
+static void testCallbackTraceParser(cbTraceParser cb) {
+	pthread_t thread_id;
+	pthread_create(&thread_id, NULL, cb, NULL);
+	pthread_join(thread_id, NULL);
+}
+*/
+import "C"
+
+import (
+	"bytes"
+	"fmt"
+	traceparser "internal/trace"
+	"runtime/trace"
+	"time"
+	"unsafe"
+)
+
+func init() {
+	register("CgoTraceParser", CgoTraceParser)
+}
+
+//export callbackTraceParser
+func callbackTraceParser(unsafe.Pointer) unsafe.Pointer {
+	time.Sleep(time.Millisecond)
+	return nil
+}
+
+func CgoTraceParser() {
+	buf := new(bytes.Buffer)
+
+	trace.Start(buf)
+	C.testCallbackTraceParser(C.cbTraceParser(C.callbackTraceParser))
+	trace.Stop()
+
+	_, err := traceparser.Parse(buf, "")
+	if err != nil {
+		fmt.Println("Parse error: ", err)
+	} else {
+		fmt.Println("OK")
+	}
+}
diff --git a/src/runtime/trace.go b/src/runtime/trace.go
index ab6402c706e28a..e7dfab11f38421 100644
--- a/src/runtime/trace.go
+++ b/src/runtime/trace.go
@@ -271,6 +271,17 @@ func StartTrace() error {
 		if status == _Gsyscall {
 			gp.traceseq++
 			traceEvent(traceEvGoInSyscall, -1, gp.goid)
+		} else if status == _Gdead && gp.m != nil && gp.m.isextra {
+			// Trigger two trace events for the dead g in the extra m,
+			// since the next event of the g will be traceEvGoSysExit in exitsyscall,
+			// while calling from C thread to Go.
+			gp.traceseq = 0
+			gp.tracelastp = getg().m.p
+			// +PCQuantum because traceFrameForPC expects return PCs and subtracts PCQuantum.
+			id := trace.stackTab.put([]uintptr{startPCforTrace(0) + sys.PCQuantum}) // no start pc
+			traceEvent(traceEvGoCreate, -1, gp.goid, uint64(id), stackID)
+			gp.traceseq++
+			traceEvent(traceEvGoInSyscall, -1, gp.goid)
 		} else {
 			gp.sysblocktraced = false
 		}
@@ -1558,7 +1569,7 @@ func trace_userLog(id uint64, category, message string) {
 func startPCforTrace(pc uintptr) uintptr {
 	f := findfunc(pc)
 	if !f.valid() {
-		return pc // should not happen, but don't care
+		return pc // may happen for locked g in extra M since its pc is 0.
 	}
 	w := funcdata(f, _FUNCDATA_WrapInfo)
 	if w == nil {