GEORGE TOWN — Penang secured RM1.85 billion in approved manufacturing investments from China in the first half of 2025, accounting for nearly 15% of the state's total RM12.54 billion in manufacturing inflows. Chief Minister Chow Kon Yeow said 12 China-linked projects are set to create around 1,532 new jobs, reflecting strong investor confidence in Penang’s industrial landscape. With about 65 Chinese companies already operating in the state, Chow highlighted China’s continued importance ranking as Penang’s second-largest trading partner in 2024, contributing 15.6% of total exports. The announcement was made during a reception marking China’s 76th National Day.