UPDATE 1-GM says H1 China vehicle sales up 38 pct yr/yr


* H1 China sales up 38 pct at record 814,442 vehicles * Commercial vehicle venture's H1 sales up 50 percent * Govt incentives boost overall market (Adds details) SHANGHAI, July 1 (Reuters) - General Motors said on Wednesday its China vehicles sales rose 38 percent in the first half of 2009 from a year earlier as China's stimulus policies boosted automobile demand. GM sold 814,442 vehicles in China in the January-June period, an all-time first-half record, it said in a statement. It ...

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