产量连跌8年，库存近400万吨，白酒真卖不动了？

Group 1 - The production of Chinese liquor has been declining for eight consecutive years, with inventory levels approaching 4 million tons [1] - Among 21 listed liquor companies, 15 have reported a decline in performance, indicating a broader industry downturn [1] - Even leading brands like Moutai are beginning to express concerns about the market situation [1] Group 2 - The article raises questions about how liquor became popular in the Chinese market and why it is now struggling to sell [1] - It highlights the significant changes occurring within the Chinese liquor industry [1]