Ok, so I bought one of these - without reading this obviously - but I seem to have solved the problem on my example at least (Firmware revision A60V302.03).
So it seems the radio will not recieve DMR transmissions unless the transmit frquency is different to the receive frequency. Out of the box in VFO mode these frequencies are the same - hence no DMR receive.
Setting Menu -> Set -> Radio Cfg -> Shift Freq to some offset
and
Menu -> Set -> Radio Cfg -> Shift Dir to + or - will do this.
A couple of notes.
1) Again out of the box, Menu -> Set -> Radio Set -> 17 P2P Match and 18 Group Match are set to "off". This means the radio doesn't care about contacts, groups, receive lists, etc so there is no need to mess with these to receive transmissions.
2) You need to select the right slot to receive, Monitor Mode does not defeat this. To monitor two slots simultaneously you need to put the radio into dual watch mode with the same rx frequency in both VFOs but different slots.
3) Monitor mode enables the radio to ignore the colour code. This keeps switching itself off anytime you change anything so its worth programming the code, rather than using monitor mode, when you have discovered it.
Hope this helps. Once you get it working, the radio itself (other then the software) seems quite decent for the price (GBP31 deliverd to the UK from China 20% tax paid).
Cheers!
Andrew