To explain the experimental facts that the fusion cross sections of proton-halo nucleus on heavy target nucleus is not enhanced as expected, the shielding supposition has been proposed. Namely, the proton-halo nucleus is polarized with the valence proton being shielded by the core. In this paper, within the frame of the Improved Quantum Molecular Dynamics model, the fusion reactions by $^{17}$F on $^{208}$Pb around Coulomb barrier have been simulated. The existence of shielding effect is verified by microscopic dynamics analysis and its influence on the effective interaction potential is also investigated.